The Brazilian Development Bank (BNDES) and the Industrial Development Corporation (IDC) signed a cooperation agreement to renew a partnership between the two institutions. The agreement prolongs the partnership formalized in 2009 and is being renewed due to the previously-achieved mutual benefits and the desire, expressed by both parts, to further existing ties.

Disbursements from the Brazilian Development Bank (BNDES) reached R$ 21.2 billion in the first two months of 2013, an increase of 39% if compared to the same period last year. The main highlights were the increase in releases for machinery and equipment and the large disbursement from the BNDES to micro, small and medium-sized companies.

The Brazilian Development Bank (BNDES), the state of Rio de Janeiro and the Acre Institute for Climate Change and Regulation of Environmental Services (IMC) signed a technical cooperation agreement aimed at stimulating the development of a market for environmental assets in Brazil.

Managed by the Brazilian Development Bank (BNDES), the Amazon Fund ended 2012 with 36 approved projects, totaling R$ 439.8 million. All projects are in keeping with the Amazon Fund‘s general aim to reduce deforestation with sustainable development.