http://web.bndes.gov.br/bib/jspui/handle/1408/665 <strong> BNDES in focus | BNDES en foco</strong><br><br>Esta comunidade reúne publicações cujo tema principal é o BNDES. Inclui livros e artigos sobre a história do Banco e também sobre sua atuação nos diversos setores da economia.<br><br>This community gathers publications whose main theme is the BNDES. It includes books and articles on the history of the Bank and also its work in the various sectors of the economy.<br><br>Esta comunidad reúne publicaciones cuyo tema principal es el BNDES. Incluye libros y artículos sobre la historia del Banco y también su trabajo en los diversos sectores de la economía. Tue, 11 Aug 2026 12:34:01 GMT 2026-08-11T12:34:01Z http://web.bndes.gov.br/bib/jspui/handle/1408/30167 Title: Mensurando o resultado fiscal das operações de empréstimo do tesouro ao BNDES: custo ou ganho líquido esperado para a União? Abstract: There is a lot of debate about the fiscal impact of the National Treasury loans to BNDES. Given that the interest rates of the loans are mostly indexed to TJLP, there is, in principle, a fiscal cost equal to the difference between TJLP and the market rates of Treasury debt. However, this calculation ignores the tax gains resulting from operations made possible by the Treasury loans, such as: i ) profits of BNDES resulting from these transactions, which return to the National Treasury through dividends, taxes and retained earnings, ii ) short-term tax gains, due to the expansion of economic output and income through the increase of investments made possible by the Treasury loans, and iii ) long-term tax gains resulting from the fact that the economy’s productive capacity will be higher in the coming years, enabling further growth without pressing demand inflation, and generating higher tax revenues. Properly calculating the tax costs and gains resulting from the Treasury loans of R$ 180 billion in 2009 and 2010, we show that, instead of a fiscal cost, there is a net tax gain. Description: Todas as opiniões expressas neste trabalho são pessoais e não representam a posição do Banco Nacional de Desenvolvimento Econômico e Social (BNDES).; É permitida a reprodução deste texto e dos dados nele contidos, desde que citada a fonte. Reproduções para fins comerciais são proibidas.; Disponível também on-line em: https://repositorio.ipea.gov.br/entities/publication/701940bb-40b6-48f6-bc82-65e90f6ed3d9; Bibliografia: p. 43. Thu, 01 Sep 2011 00:00:00 GMT http://web.bndes.gov.br/bib/jspui/handle/1408/30167 2011-09-01T00:00:00Z http://web.bndes.gov.br/bib/jspui/handle/1408/30110 Title: Panorama de financiamento climático para uso da terra no Brasil Authors: Chiavari, Joana Description: Conteúdo sob licença Creative Commons Atribuição 4.0 Internacional. Os textos desta publicação podem ser reproduzidos no todo ou em parte para fins não comerciais, tais como discussões sobre políticas ou atividades educacionais, desde que a fonte e os respectivos autores sejam citados.; Este trabalho é financiado por Climate and Land Use Alliance (CLUA) e Norway’s International Climate and Forest Initiative (NICFI). Nossos parceiros e financiadores não necessariamente compartilham das posições expressas nesta publicação.; Disponível também on-line em: https://www.climatepolicyinitiative.org/pt-br/publication/panorama-de-financiamento-climatico-para-uso-da-terra-no-brasil/; Bibliografia: p. 41-44. Sun, 01 Jan 2023 00:00:00 GMT http://web.bndes.gov.br/bib/jspui/handle/1408/30110 2023-01-01T00:00:00Z http://web.bndes.gov.br/bib/jspui/handle/1408/30109 Title: O Banco Nacional de Desenvolvimento Econômico e Social (BNDES) e seu papel no processo de transição verde brasileiro Authors: Galdino, Thais Abstract: Financing investment in sustainable projects is one of the challenges for carrying out actions to mitigate the effects of climate change and adapt to the green transition process. State action through public banks, especially development banks, is a relevant tool for promoting the financing of policies for environmental purposes. From this perspective, the present work proposes the discussion of the role played by the Brazilian State through the National Bank for Economic and Social Development (BNDES) in the financing of investments to combat climate change and the green transition process in Brazil. Thus, this dissertation has as main objective to analyze the disbursements made by BNDES after the Paris Agreement (21st United Nations Conference on Climate Change - COP 21), in the period between 2016 and 2020. Starting from the hypothesis that the performance of BNDES in the financing of the green transition process in Brazil has advanced, however, below the possibilities of the bank, which has compatible purposes and background to have a more effective performance in the face of the transition goals this work aims to identify how the resources of the BNDES for financing environmental credit in related activities and projects, focusing on the observation of possible changes in the performance of these resources arising from strategic changes of the institution itself. As a result, there was a concentration of disbursements financed by environmental credit for consolidated sectors in the Brazilian economy in view of the institution's effort to incorporate sustainability into its strategic behavior. Description: Disponível também on-line em: https://www.repositorio.ufop.br/items/89dcf083-e09b-439d-a276-7b869e48b75b; Licença Creative Commons - Exceto quando indicado de outra forma, a licença deste item é descrita como aberto.; Bibliografia: p. 106-114. Sat, 01 Jan 2022 00:00:00 GMT http://web.bndes.gov.br/bib/jspui/handle/1408/30109 2022-01-01T00:00:00Z http://web.bndes.gov.br/bib/jspui/handle/1408/30108 Title: Das privatizações à nova estratégia de desenvolvimento: a trajetória do BNDES entre 1990 e 2010 Authors: Bachiller Cabria, Juan Vicente Abstract: The Banco Nacional de Desenvolvimento Econômico e Social (BNDES) is the leading development finance institution in Brazil, and one of the qualified organisms of the Federal Government to implement its economic policy. In recent decades, the BNDES has experienced serious changes that led him first to become the principal executor instrument of privatization policy of the government Collor de Mello Franco and Cardoso. Later, the bank resumed a more developmental role from the Lula government. These changes will be evaluated from the influence of the different development strategies adopted under the role of the bank, and will be analyzed further, the importance of the internal policies of the institution has to influence, as a counterweight, such strategies. What will be shown is that the joint action of internal policies with development strategies promoted by different governments are the main factors of changes in the role of the bank in its historical trajectory and more specifically in the recent time. Description: Disponível também on-line em: https://www.revistas.unijui.edu.br/index.php/desenvolvimentoemquestao/article/view/5056/5040; Os artigos são publicados sob a licença Creative Commons Atribuição 4.0 Internacional (CC BY 4.0); Bibliografia: p. 26-30. Tue, 01 Mar 2016 00:00:00 GMT http://web.bndes.gov.br/bib/jspui/handle/1408/30108 2016-03-01T00:00:00Z