Brazilian National Fund on Climate Change (Fundo Clima)

Brazilian Ministry of the Environment

This fund was established in 2009 with the aim of ensuring resources to support projects or studies and finance initiatives that focus mitigation of climate change as well as adaption to climate change and its effects. Fundo Clima is mainly financed by revenues generated from a tax on oil companies, but article 03 of Law 12.114 also authorizes it to receive donations from public and private national institutions, international loans and donations.

Open to Applications : 
Yes
Application Time Frame : 

Not Specified

Climate Objective : 
Both Mitigation and Adaptation
Administrator Type : 
National Government Entity
Financial Instruments Offered : 
Concessional Loans
Direct Access : 
Not Specified
Fund Size : 

Not Specified

Financing Award : 
Not Specified
Trustee : 
Brazilian Ministry of the Environment
Implementing Entity : 

Not Specified

Steps to Access & Application Procedure

Project selection: Includes public calls for projects, development and submitting of project concepts from proponents, analysis and selection of projects;
Adjustment / Review: Agreements on administrative and management issues (timeframe, indicators, working plans etc.) and signature of contracts;
Monitoring: In loco and/or remote monitoring and reporting by assigned inspectors from MMA;
Closure: Administrative closure of the project, after the end of its activities.
The management procedures and tools used by Fundo Clima throughout its project management cycle were then identified and analyzed. As a result, three tools from the selection phase were developed or optimized.

Organizational and Decision Making Structure

Not Specified

Monitoring and Reporting Procedures

Not Specified

Co-financing Requirements (if applicable)

Not Specified

Other Eligibility Criteria Beyond Geography and Income

Not applicable

Contact Information

http://www.mma.gov.br/apoio-a-projetos/fundo-nacional-sobre-mudanca-do-clima

Ministério do Meio Ambiente
Esplanada dos Ministérios - Bloco B
CEP 70068-900 - Brasília/DF

Last Updated : 
17.02.17