Disbursements
See our disbursements that contribute to Brazil achieving the Nationally Determined Contribution (NDC)
Avoided Emissions
The Paris Agreement was signed in 2015 and its main objective is to prevent the planet from warming beyond 1.5ºC by the end of the 21st century.
Each signatory country has set greenhouse gas (GHG) emission reduction targets, called the Nationally Determined Contribution (NDC).
The Brazilian NDC establishes that Brazil should reduce its emissions by 37% by 2025 and 43% by 2030, in relation to 2005 emissions. Furthermore, in 2021, Brazil also committed to achieving neutral net emissions by 2050, that is, everything the country emits should be compensated for with carbon capture sources, such as forest plantation, biome recovery or other technologies.
The BNDES has structured this page and two panels to present how it is contributing to Brazil achieving its NDC.
For certain sectors, such as Forests, Energy and Urban Mobility, BNDES is already monitoring the contribution of the projects it supports in terms of avoided emissions, disbursements and other efficacy indicators.
Avoided emissions table
* Total emissions avoided by projects in these sectors approved by BNDES between 2015 and 2020 throughout their lifespan.
Click here to know the methodology
Overview of calculation of the avoided emissions
It was carried out with the Climate Fund’s tool and included the projects supported by the BNDES in these sectors in the direct modality.
It should be noted that, for each sector, the avoided emissions calculation was only possible for the types of project available in the Climate Fund tool. The scope of this calculation is therefore less than the scope of the following two panels, which deal with disbursements and delivery indicators associated with the NDC. Detailed information about each sector is below.
Energy: the avoided emissions of the energy sector were calculated by multiplying the energy to be generated by the project, during its lifetime, by the emissions’ factor of the National Interconnected System, and discounting transmission losses. The Ministry of Science, Technology and Innovations provides the official emissions’ factors.
Urban Mobility: the avoided emissions for the urban mobility projects were calculated comparing the emissions of the transport mode in question (on rails or BRTs) with the emissions of other transport mode, more intensive in GHG emissions (fossil fuel car, moto or buses), during the projects’ lifetime.
Forests: the avoided emissions for the reforestation projects were calculated based on the carbon capture of the restored area at the end of the growth cycle, considering the biome’s characteristics to stablish the time of growth.
Conversions to other metrics, in order to put the avoided emissions in context
Energy: to convert the avoided emissions from BNDES projects in emissions generated to produce the energy consumed in the state of Rio de Janeiro, the electricity consumption for 2020 was considered. The reference for this figure is the 2021 Statistical Electricity Yearbook, published by Empresa de Pesquisa Energética. Click here to acess.
Urban Mobility and Total: to convert the avoided emissions from BNDES projects in years of emissions from the car fleet in the city of São Paulo, the emissions of a typical day in 2015 were considered. The reference for this figure is the Transport Passenger Atmospheric Emissions Inventory in the Municipality of São Paulo, published by the Instituto de Energia e Meio ambiente (IEMA). Click here to access.
Forests: to convert the avoided emissions from BNDES projects in soccer fields, the following calculation was done: the estimated avoided emissions from approved projects were divided by avoided emissions per square meter of forest and then divided by the standard size of a soccer field.
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