Long-Term Finance and Risk Allocation
Long-Term Finance and Risk Allocation
Edson Gonçalves (FGV/CERI), Fernanda Jardim (FGV/CERI), Joisa Dutra (FGV/CERI), Mariana Reis e Raquel Soares (FGV/CERI)
This position paper reflects the perspective presented at the Workshop "Pensando o Futuro do Setor Energético Brasileiro" and focuses on issues related to creating conditions for long-term financing and its risks, including:
- Discussion of the prerequisites to develop a robust financial market to support the long-term development of the infrastructure sector in Brazil in a post-BNDES era, using the power and gas sectors as pilot cases;
- Analysis of additional financial products and facilities to support long-term financing in the power and gas sectors, such as guarantees and insurance products, provided by BNDES, insurance companies, and multilateral institutions; and
- (Re)assessment of the risk management attitude and mindset in existing project finance practices, identifying current allocation patterns and future trends to attract new capital.
This position paper reflects the perspective presented at the Workshop "Pensando o Futuro do Setor Energético Brasileiro" and focuses on issues related to creating conditions for long-term financing and its risks, including:
- Discussion of the prerequisites to develop a robust financial market to support the long-term development of the infrastructure sector in Brazil in a post-BNDES era, using the power and gas sectors as pilot cases;
- Analysis of additional financial products and facilities to support long-term financing in the power and gas sectors, such as guarantees and insurance products, provided by BNDES, insurance companies, and multilateral institutions; and
- (Re)assessment of the risk management attitude and mindset in existing project finance practices, identifying current allocation patterns and future trends to attract new capital.
This position paper reflects the perspective presented at the Workshop "Pensando o Futuro do Setor Energético Brasileiro" and focuses on issues related to creating conditions for long-term financing and its risks, including:
- Discussion of the prerequisites to develop a robust financial market to support the long-term development of the infrastructure sector in Brazil in a post-BNDES era, using the power and gas sectors as pilot cases;
- Analysis of additional financial products and facilities to support long-term financing in the power and gas sectors, such as guarantees and insurance products, provided by BNDES, insurance companies, and multilateral institutions; and
- (Re)assessment of the risk management attitude and mindset in existing project finance practices, identifying current allocation patterns and future trends to attract new capital.