RASA releases a new update and the news is not good

In all, the SIS ranking analyzed 22 development finance institutions in Brazil with respect to the climate and socioenvironmental agenda. Only BNDES surpassed 29 points – out of a maximum total of 100

Little progress has been made by the development banks and agencies in the socioenvironmental and climate agenda. This is one of the main conclusions of the second cycle of the Socioenvironmental Performance Ranking of Finance Institutions (RASA), developed by Soluções Inclusivas Sustentáveis (SIS). According to the study, only BNDES surpassed 29 points, on a scale from 0 to 100. A total of 22 development finance institutions (DFIs) were analyzed, including 6 development banks and 16 national development agencies. Read more here.

Crédito: Unsplash

RASA releases a new update and the news is not good

In all, the SIS ranking analyzed 22 development finance institutions in Brazil with respect to the climate and socioenvironmental agenda. Only BNDES surpassed 29 points – out of a maximum total of 100

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Redes Sociais

Area 4 – Climate policy and institutional framework

Watchdog

Foreign policy

Climate Policy

Subnational policy

Just Financial Transition

Redirection of investments

Watchdog

Strengthen the watchdog capacity of civil society in relation to the commitments made at the national and subnational level and by the private sector that contribute to achieving the goals of the Paris Agreement.

Foreign policy

Strengthen an ecosystem that links climate change with the agendas of foreign trade and international cooperation.

Climate Policy

Subnational policy

Strengthen the subnational climate governance, the improvement of regulations and commitments with a view to the implementation of the climate policies linked to decarbonization and adaptation.

Just Financial Transition

Redirection of investments

Stimulate the direction of public and private investments towards an infrastructure that is aligned with the transition to a low carbon economy through the advance of regulations and the promotion of access to “green” lines of credit.

Area 3 – Agents of change for climate action

Voters

Indigenous peoples and traditional communities

Population of the urban Amazon

Black population

Entrepreneurs and business owners

Voters

Strengthen the mobilization and the civic engagement in relation to climate change in the electoral processes, by raising the awareness of the electorate and the promotion of the communication capacity of the Amazonian organizations.

Indigenous peoples and traditional communities

Strengthen the role of the indigenous peoples and traditional communities in the climate agenda, ensuring their rights, way of life, and their autonomy in the management and protection of territories.

Population of the urban Amazon

Engage the urban population of the Amazon in the defense of the social and environmental integrity in the cities of the Amazon and contribute to the advancement of the climate agenda, with the strengthened local civil society to play a leading role in the changes.

Black population

Promote the leadership of the Afro-descendant population in the climate debate and their fair participation in the decision-making processes, allowing them to promote solutions that are compatible with their security and rights and appropriate intersectoral climate actions and policies.

Entrepreneurs and business owners

Inform and engage entrepreneurs and business owners to lead the transition to a low carbon economy.

Area 2 – Energy, industrial and transport transition

Renewables

Electromobility

Industry

Fossil fuel in electric generation

Fuel for transport

Renewables

Strengthen the competitiveness of the renewable sources through the reform of the electric sector and promote the preparation of the regional development plans in the Northeast, guaranteeing the universal access to safe and accessible energy to everybody.

Electromobility

Accelerate the adoption of electric powered buses and freight vehicles in urban areas, extending municipal electrification initiatives, improving air quality and encouraging financing mechanisms.

Industry

Promote the transition of the strategic industrial sectors to comply with a low carbon economic structure, considering the opportunities offered by energy efficiency, electrification, low carbon fuels such as biomethane and green hydrogen, as well as possible disruptive technologies.

Fossil fuel in electric generation

Eliminate the use of fossil fuels in the generation of electricity by 2035 through the programmed elimination of fossil liquefied gas (LNG), coal and diesel in the electricity generation.

Fuel for transport

under construction

Area 1 – Transition in the land use and food systems

Forest Code

Traceability

Forest Carbon

Bioeconomy

Landholding Governance

Combating Deforestation

Just Transition of Agriculture

Forest Code

Strengthen the implementation of the Forest Code by the strengthening of the command and control mechanisms, the consolidation and improvement of regulations, the support/promotion of technical assistance and economic incentives.

Traceability

Ensure that large companies in Brazil implement traceability mechanisms, and that domestic consumers and market players use traceability information to make informed food choices.

Forest Carbon

Promote carbon pricing instruments that contribute to the financing of the forest restoration, guaranteeing integrity and socioenvironmental safeguards.

Bioeconomy

Strengthen the bioeconomy as a promoter of local and regional development, preserving the environmental integrity, increasing the leading role of the traditional populations and promoting their greater insertion in the national GDP and in our R&D&I policy.

Landholding Governance

Contribute to the legal allocation of unallocated public lands, ensuring socioenvironmental safeguards and protection of the biodiversity.

Combating Deforestation

Combating deforestation through intelligence, the reconstruction of the institutional and legal apparatus, and making public and private agents responsible for promoting it.

Just Transition of Agriculture

Promote a low carbon transition in Brazil, guaranteeing sustainable agricultural systems and their benefits for the Brazilian population.

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