Sustainable Finance Framework 2022
Sustainable Finance Framework 2022
Social Eligibility Criteria
Investments in:
SBP Eligible
Project Category
Eligibility Criteria and Example Projects
Introduction Rationale for Framework Alignment
Management of Proceeds
Use of Proceeds Evaluation and Selection
Reporting Verification Review Disclaimer
Target population
Access to essential
services
a) To bring financial access to rural populations or
urban cities with lower social indicators, which are
more dependent on government pay-outs.
a) Underserved, owing to a lack of quality access to essential goods
and services;
b) Excluded and/or marginalised populations and/or communities.
Employment generation,
through the potential
effect of SME financing
and microfinance
a) SME financing and microfinance, such as
credit lines seeking to finance formal and informal
microentrepreneurs and promote the inclusion of low
income microentrepreneurs in the financial market.
.
a) Micro and Small Companies.
b) Medium, Micro and Small 10 companies, which are led or owned by:
women11;
• Entrepreneurs located primarily in North and Northeast region of
Brazil, or in municipalities or states with human development index
(HDI) below Brazil's average;
c) Migrants and/or displaced persons;
d) Excluded and/or marginalised populations and/or communities;
e) Aging populations and vulnerable youth;
f) Other vulnerable groups, including as a result of natural disasters.
Family Rural
Production
a) Small rural producers¹², in selected subprograms
such as: Pronaf Custeio, Pronaf Mais Alimentos, Pronaf
Agroindústria, Pronaf Mulher, Pronaf Bioeconomia,
Pronaf Agroecologia, Pronaf Cotas Partes.
a) Low-income rural communities and women.
SDG Alignment
NO
1 POVERTY
DECENT WORK AND
ECONOMIC GROWTH
10 REDUCED
10QUALES
M
BECENT WORK AND
ECONOMIC GROWTH
Σ
2
SSS
ZERO
DEGENT WORK AND
OECONOMIC GROWTH
10 REDUCED
10 INEQUALITIES
M
8 Located in municipalities with human development index (HDI) below 0,755, which according to UN development agency, as of 2015, is Brazil's average HDI.
According IFC's definition of Medium Enterprise, the annual revenue threshold for this segment is from USD 3 million to USD 15 million. Medium companies in Brazil face similar issues as Micro and Small
Enterprises in terms of access to financial services, especially in some regions in Brazil that lack infrastructure and economic opportunities.
10 According IFC's definition of micro and small companies, the annual revenue threshold for this segment is USD 3 million. Those companies may face challenges related to limited access to financial services, such as
affordable loans and payments solutions due the lack of collateral or minimum use of access of technology.
11 According to IFC's definition, an enterprise qualifies as a woman-owned enterprise if: (a) ≥ 51% owned by woman/women; or (b)
≥ 20% owned by woman/women; AND (i) has ≥ 1 woman as CEO/COO/President/Vice President; AND (ii) has ≥ 30% of the board of directors composed of women, where a board exists. Entrepreneurship is a way and
alternative for needy families and minority groups to guarantee income, while it benefits the community around them.
12 The Framework defines smallholder farms as those with annual revenues up to BRL 500,000
12View entire presentation