Development for People? The BNDES Financing and Human Rights

The study details the rules and standards of transparency, accountability to society and socio-environmental impact assessment mechanisms of the Brazilian Development Bank (BNDES), the country’s leading development financing institution. The report also reveals that its lack of transparency prevents affected communities and wider society from monitoring the effectiveness of the tools the institution claims it has to ensure that its loans do not end up financing private business ventures that violate human rights.