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The Brazilian Development Bank(BNDES)

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The Brazilian Development Bank (BNDES) is the main financing agent for development in Brazil, providing long-term financing for investments across various sectors including infrastructure, industry, innovation, and sustainability. It also engages in venture capital through co-investment funds and programs, such as a recent agreement with CEXIM to establish a fund of up to US$1 billion. As a government institution, BNDES focuses on economic and social development, with disbursements targeting 2% of GDP by 2026.

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