Industrial Policy & Trade Monitor· 2667 actions· ✨ 89 recent

Brazil's national development bank BNDES approved a BRL 384.3 million (~USD 70.2 million) loan under its "BNDES Mais Inovação" innovation credit line to FS Indústria de Biocombustíveis Ltda. (FS Bioenergia), financing the country's first Bioenergy with Carbon Capture and Storage (BECCS) unit at its corn-ethanol plant in Lucas do Rio Verde, Mato Grosso. The facility will compress, inject, and permanently store CO2 in the saline sedimentary reservoirs of the Parecis Basin, targeting removal of ~423,000 tonnes of CO2 per year — effectively eliminating the plant's process emissions. The loan is state-directed concessional financing for a single named domestic producer and forms part of BNDES's broader decarbonisation and carbon-market financing push aligned with the Lula government's energy-transition agenda.

Brazil's national development bank BNDES approved BRL 300 million (~USD 55.7 million) in financing on 27 October 2025 for Neomille S.A. (CerradinhoBio group) to expand its corn-processing plant in Chapadão do Céu, Goiás. The package draws on two lines — BRL 240 million from Fundo Clima (climate fund, below-market rate) and BRL 60 million from BNDES Finem Incentivada — and will lift the plant's corn-ethanol capacity to up to 527,000 m3 per harvest, DDGS output to 265,000 tonnes, and corn-oil output to 21,000 tonnes, while creating 91 permanent jobs. Global Trade Alert classifies the BNDES Finem Incentivada leg as a "certainly harmful" local-content-incentive intervention.

Brazil's national development bank BNDES approved R$625 million in financing on 11 August 2025 for São Martinho S/A to build a second processing line at its Boa Vista corn-ethanol complex in Quirinópolis, Goiás, blending R$500 million from the concessional Fundo Clima with R$125 million from the standard BNDES Finem line. FINEP (Financiadora de Estudos e Projetos) is contributing a further R$102.8 million earmarked for the project's innovative components — Industry 4.0 process technology and a first-in-Brazil vinasse oil-recovery process. Combined, the two public financiers cover R$727.8 million (~62%) of the R$1.18 billion total project cost, with São Martinho funding the remaining R$452.2 million from its own resources. The expansion adds 635,000 tonnes/year of corn-milling capacity and 270,000 m³/year of ethanol output, targeted for 2027 start-up.

The European Commission on 20 May 2025 published the results of the second EU Hydrogen Bank auction (IF24), selecting 15 renewable hydrogen production projects across five European Economic Area countries to share approximately €992 million in Innovation Fund grants. Winning projects span transport, chemicals, methanol, and ammonia end-uses; three projects were selected under a dedicated maritime-fuels lot. Spain, Lithuania, and Austria committed over €700 million in additional national co-funding via the Auctions-as-a-Service mechanism, bringing total public support above €1.69 billion and marking the first large-scale EEA co-funded hydrogen auction.