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Wednesday, September 23, 2026The Morning Brief →Sign in
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BNDES

In PWD coverage since September 17, 2026 · 9 stories
2Deals on our tracker
Deal recordFull tracker →
Sep 20, 26Fund launchAmazon Reforestation Fund II · Mombak — coverage
Sep 16, 26Deal announcedWorld Bank · International Bank for Reconstruction and Development · Clean Technology Fund · $2.9B — coverage
PWD coverage
products

The sustainable label now names who absorbs the first loss

Mombak’s $150 million close, Nigeria’s $300 million of public money, and a state lender inside a $140 million Mercia Ventures vehicle all disclose who absorbs the first loss before they disclose what the fund owns.
products · Sep 23Mombak's $150 million Fund II rides Salesforce offtake and BNDES credit
vehicles · Sep 22Zero-size filings are the shelf, and credit isn't on it
the_wrap · Sep 22Offtake is the new project finance
Deals & PE · Sep 21Carbon removal learns to write a purchase order
transition · Sep 21Mombak's $150 million Amazon fund shows capital is the constraint
the_wrap · Sep 18Development banks are pricing transition risk
Deals & PE · Sep 17The week's largest AI number is a credit negotiation
transition · Sep 17World Bank and BNDES put $2.86 billion behind Brazil's hard industries
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