Botafogo Highlighted the Role of FONPLATA in Strengthening Brazil’s Local Capacity and Sustainable Funding

On October 20, Luciana Botafogo, Executive President of FONPLATA — Development Bank, participated in the panel “Understanding External Financing and the Environmental and Climate Sublimit”, held during the 4-day webinar: “External Financing at COP-30: Integrated Policies for Sustainable Development in the Amazon,” organized by the Brazilian Ministry of Planning and Budget.

During her intervention, Botafogo reflected on the role of development banks in supporting subnational governments and improving the quality of sustainable projects, stating: “We focus on sustainable development, supporting initiatives that fall beyond the scope of private sector activity. Well-structured projects with strong technical foundations and sound environmental assessments are key to ensuring effective implementation and lasting impact.”

FONPLATA raises funds in international markets—such as Switzerland and Japan—through its Sustainable Debt Framework, attracting investors committed to financing projects with positive socioenvironmental impact. “We issue sustainable bonds and green loans for development and sustainability projects. Investors around the world place their trust in these initiatives, and it is our duty to deliver concrete and measurable results,” explained the Head of the Bank.

Additionally, Botafogo highlighted that the Bank's portfolio in Brazil is primarily composed of operations with municipal governments, with close oversight throughout the preparation and implementation of each project. Among these, she cited the Urban Drainage and Sustainable Mobility Program in Feira de Santana (Bahia), which received USD 64 million in financing, and is expected to reduce flood risks and improve connectivity for over 600,000 residents. She also pointed to initiatives in Belém do Pará and Indaiatuba, focused on water management, sanitation, and climate resilience.

Finally, she underscored the importance of transparency and accountability in the use of resources mobilized through the Sustainable Debt Framework. “We publish sustainability reports that inform investors about the projects financed and the outcomes achieved. This is essential to building trust and demonstrating the tangible impact of external financing in the region,” she concluded.

FONPLATA's participation in the meeting reaffirms its commitment to strengthening local capacities and advancing responsible financing, in support of projects that promote inclusive, sustainable, and climate-resilient development across South America.

10/21/2025

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