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    Resource Efficiency Program for Brazil’s Beef Supply Chain

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    Brazil

    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)
    Objective:

    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

    pChart

    Cumulative GHG reductions: No data available
    Mitigative capacity:

    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


    References

    The NAMA will leverage:
    • 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