The World Bank Approves $516 Million for State-Level Projects in Brazil
In addition to a recently announced investment of US$1 billion to support Brazil’s efforts to improve tax and financial stability, promote sustainable finance, the World Bank Board of Directors approved five other projects for Brazilian states, totaling US$516 million in financing. These investments support fiscal sustainability, digital transformation, transportation, road safety, and environmental governance, reinforcing Brazil and the World Bank’s commitment to economic growth, social inclusion, and resilience.
Espírito Santo – Road Safety and Resilience
A US$162.4 million investment will enhance road infrastructure resilience and safety in Espírito Santo, where only 33% of roads are in good condition and road fatalities are the highest in Brazil’s Southeast region. The project will introduce bypasses in flood-prone areas, strengthen climate adaptation measures, implement performance-based road maintenance contracts, and promote private-sector investments in road rehabilitation.
Rio Grande do Sul – Fiscal Sustainability and Public Management (Progestão Program)
A US$50 million financing package for Rio Grande do Sul under the Progestão Program, will support fiscal sustainability and public management efficiency. This initiative will help modernise governance structures, optimise public expenditures, and improve financial management in key sectors such as education, health, and social assistance. It will also strengthen human resources, pension systems, and procurement processes, ensuring greater transparency and accountability in public administration.
São Paulo – Metro Line 2 Expansion
A US$250 million investment will support São Paulo’s Green and Resilient Metro Line 2 Extension Project. This project will extend Line 2 by 8.4 kilometres, reducing congestion, shortening commute times, and improving job accessibility for low-income communities. The initiative also incorporates low-carbon solutions like driverless operations and regenerative braking, and will explore public-private partnerships (PPPs) for social housing development along the metro line.
Sergipe – Digital Transformation and Energy Efficiency
With a US$53.6 million investment, the Sergipe Efficient Digital Acceleration Project aims to expand broadband access, modernise public services, and enhance energy efficiency. The project will improve connectivity for schools, hospitals, and public institutions, support cybersecurity and data protection, and introduce digital literacy programs for marginalised communities. Additionally, it includes energy efficiency measures to reduce costs and carbon emissions in public buildings.
