Brazilian State-owned Banks and Climate Change

January, 2011


Gladis Ribeiro
Renata Loew Weiss
Paula Peirão

The aim of this study is to make a gap analysis of policies and practices undertaken by Brazilian state-owned financial institutions and regional funds to reduce the climate impact of their operations and to promote the transition to a low carbon economy. The study analyzes initiatives and procedures that have already been implemented, as well as programs that are currently in development. Results presented here aspire to subsidize the formulation of public policies to combat the effects of climate change aligned with the objectives of the United Nations Framework Convention on Climate Change, the Kyoto Protocol, the Bali Action Plan and the Copenhagen Agreement. Moreover, it is expected that the analysis suggested here may supply relevant information to the entire national financial sector.

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