Pooled Finance: Brazil's Opportunity to Finance Subnational Sustainable Infrastructure
Peer Reviewed
Date issued
February 2021
Subject
Infrastructure Investment;
Sustainable Infrastructure;
Urban Infrastructure;
Municipal Government;
Green Bond;
Capital Market;
Financial Bond;
Infrastructure Development;
Subnational Government
JEL code
E22 - Investment • Capital • Intangible Capital • Capacity;
H54 - Infrastructures • Other Public Investment and Capital Stock;
O18 - Urban, Rural, Regional, and Transportation Analysis • Housing • Infrastructure;
R51 - Finance in Urban and Rural Economies;
O1 - Economic Development;
E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
Country
Brazil
Category
Technical Notes
This briefing proposes innovative Pooled Finance Mechanisms to improve the capacity of Brazilian subnational consortiums to implement sustainable infrastructure projects. It provides a legal and financial overview on local subnational consortiums experiences and frameworks. It also analyses international Pooled Finance experiences and provides alternatives for the implementation of innovative financial structures that could leverage the countrys investment capacity in local sustainable infrastructure.
