Resource Efficiency Program for Brazil’s Beef Supply Chain
Description
| Overview | |
|---|---|
| Sector | Agriculture, Energy |
| Focus area | Energy efficiency |
| Type of action | Strategy/Policy |
| Scope | National |
| Stage | Under development |
| Submitted to UNFCCC registry | No |
| Start of initiative | 2017 |
| Financing and support details | |
|---|---|
| Financing status | Seeking financing |
| Total cost | EUR 70 mln |
| Financing requested | EUR 60 mln |
| Financing received to-date |
(no data)
|
| Principal source of financing | Multilateral |
| Principal type of financing | Other |
| Capacity building required | Yes |
| Technology transfer required | Yes |
| Additional information | |
|---|---|
| Proponent(s) | Ministry of Agriculture, Livestock and Supply, Ministry of Environment |
| International funder(s) | UK and Germany |
| Organization providing technical support | Carbon Trust |
| Contact |
(no data)
|
The objective of the NAMA is to improve energy efficiency across the supply chain of the beef sector.
Activities: (2017 - 2020)
The beef industry is set to grow by 30% by 2023 with commensurately greater impacts. That poses a major challenge to Brazil’s ability to fulfil its Nationally Determined Contribution (NDC), which includes ambitious targets to reduce national emissions by 37% below 2005 levels by 2025 and restore 15 million hectares of degraded pasturelands by 2030.The realization of Brazil’s NDCs therefore requires a major shift in approach by the beef industry and its supply chain. The NAMA aims to catalyze that shift in approach and enhance the beef sector’s efficiency by supporting the implementation of proven best practice interventions across its supply chain.
The programme, as part of the NAMA, will last 3 years and will include
- awareness raising of the commercial benefits of resource efficient solutions
- a full technical assistance package, including financial de-risking measures, such as on-site audits, accreditation of technologies and support throughout implementation
- an attractive finance package to enable investment in best practice
The United Kingdom and Germany have pre-selected 7 NAMA Support Projects, including this NAMA in Brazil, from the NAMA Facility’s 4th Call. These projects will receive funding by Germany and the UK of up to € 60 million to prepare their development phase. Decisions on funding for implementation will be taken after the assessment of these proposals.
Impact and MRV
|
|
| Cumulative GHG reductions: No data available |
|---|
No information has been provided on mitigative capacity
Co-benefits:
| Social: | Information has not been provided |
|
| Economic: | Information has not been provided |
|
| Environmental: | Information has not been provided |
MRV Framework:
No MRV plan has been defined
- Direct funding: EUR 11.25 million in grants to generate a pipeline of projects for investment and EUR 4 million to create a first loss guarantee facility to leverage EUR 40 million in loans from multilateral development banks, to finance the pipeline of projects generated.
- Indirect funding: estimated to leverage an additional EUR 20 million in finance from Brazil’s private sector
