On Monday, March 9, the Brazilian government opened a public consultation to receive contributions for an investment plan aimed at decarbonizing national industry, within the scope of the Industry Decarbonization Program (IDP) of the Climate Investment Funds (CIF). The initiative, which has the support of PSR, initially has up to US$250 million from the CIF and could mobilize up to US$3 billion with the addition of resources from multilateral development banks (MDBs), including IDB, World Bank, IFC, and IDB Invest, as well as financing from BNDES and the private sector.
PSR, in partnership with the consulting firm Hinicio, was hired to support the development and implementation of the investment plan. The work is coordinated by the Ministry of Finance (MF), with technical participation from the Ministries of Mines and Energy (MME) and Development, Industry and Foreign Trade (MDIC), and strategic support from the Inter-American Development Bank (IDB).
The CIF-IDP Investment Plan proposal was presented last week by Luana Gaspar, head of Decarbonization at PSR, during a webinar on the topic, which brought together representatives from the ministries, BNDES, the MDBs and the private sector, among other institutions.
“The plan seeks alignment with the country’s main climate, industrial and energy transition policies. The objective is to reduce emissions from the industrial sector, through investments in low-carbon technologies and processes, while also paying attention to promoting a just and inclusive energy transition,” says Luana.
According to her, the IDP focuses on transforming industrial sectors with high greenhouse gas emissions, especially those classified as difficult to decarbonize, stimulating the development and adoption of carbon-neutral technologies, innovative business models, and solutions that strengthen climate resilience and promote a more sustainable industry.
After the public consultation closes, the contributions will be analyzed, and the plan should be submitted to the CIF in May 2026.
The selection of projects that may receive support will be carried out through the Brazil Platform for Climate Investments and Ecological Transformation (BIP), a federal government initiative created to expand investments in ecological transformation with a focus on decarbonizing the economy, the sustainable use of natural resources, and improving the quality of life of the population.
PSR, in partnership with the consulting firm Hinicio, was hired to support the development and implementation of the investment plan. The work is coordinated by the Ministry of Finance (MF), with technical participation from the Ministries of Mines and Energy (MME) and Development, Industry and Foreign Trade (MDIC), and strategic support from the Inter-American Development Bank (IDB).
The CIF-IDP Investment Plan proposal was presented last week by Luana Gaspar, head of Decarbonization at PSR, during a webinar on the topic, which brought together representatives from the ministries, BNDES, the MDBs and the private sector, among other institutions.
“The plan seeks alignment with the country’s main climate, industrial and energy transition policies. The objective is to reduce emissions from the industrial sector, through investments in low-carbon technologies and processes, while also paying attention to promoting a just and inclusive energy transition,” says Luana.
According to her, the IDP focuses on transforming industrial sectors with high greenhouse gas emissions, especially those classified as difficult to decarbonize, stimulating the development and adoption of carbon-neutral technologies, innovative business models, and solutions that strengthen climate resilience and promote a more sustainable industry.
After the public consultation closes, the contributions will be analyzed, and the plan should be submitted to the CIF in May 2026.
The selection of projects that may receive support will be carried out through the Brazil Platform for Climate Investments and Ecological Transformation (BIP), a federal government initiative created to expand investments in ecological transformation with a focus on decarbonizing the economy, the sustainable use of natural resources, and improving the quality of life of the population.
