Desenvolvimento Sustentável: análise do FNE Verde no Nordeste brasileiro

Abstract

The great exploitation of natural resources and increasing levels of environmental pollution in recent decades has led a big part of society to discuss a new model of sustainable economic development. In the financial field, the concern about development with sustainability originated in Brazil, the Green Protocol, an agreement between banks to promote sustainability, with programs and credit lines focused on quality of life and environmental protection, recognizing that it may inspire private investments intended to environmental conservation and improvement of social welfare. In this perspective, this paper has the goal to analyze the performance of BNB, through its FNE Green line of credit aimed to finance projects focused on sustainability, to fulfillment of the Green Protocol. A survey was done about the concept of sustainable development, Green Protocol and FNE Green. By using the data obtained on this line of credit, covering the period 1997 to 2013, it was conducted using descriptive statistics, scores related to the enforcement of resoucers in regions and investments towards sustainability. Among the results, it was observed the concentration of contracts outside the semiarid regions, on average the value of a contract in the semiarid region is smaller than the not semiarid region and reduced availability of credit to poorer regions. It is concluded that the FNE Green still does not consistently attend to diversified sectors with sustainable business and there is not a notorious participation on investments in the regions that shows a big resource scarcity