The agreement will provide flexibility and widen the eligibility criteria of the current EUR 100m BDMG CLIMATE ACTION Framework Loan II, to support and accelerate lending to private sector business in Latin America, especially in Brazil. This flexibility will accelerate access to finance for SMEs and in particular micro-enterprises across the country to the tune of EUR 30m. The EIB and BDMG are partnering to support a series of climate action projects in Brazil, including solar PV, small-scale hydropower and other renewable sources. Read more.
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