巴西的生计增长

JOBS OUTCOMES STORY THE CHALLENGE Brazil has committed to a 43 percentreduction in GHG emissions between 2005and 2030 - mainly through increasing theshare of sustainable biofuels and clean en-ergy in the energy mix, and through forestrestoration and reafforestation. Sustain-able investments in the forestry sectorhelp support the country’s path to GHGemission reduction and economic growth.However, it is critical that these invest-ments are well planned and operationscarefully managed to mitigate potentialsocial and environmental risks. GROWING LIVELIHOODSIN BRAZILIFC’s Sustainably-managed ForestryPartnership with Suzano S.A.Public Disclosure Authorized AT A GLANCE REGION/COUNTRYLatin America and the Caribbean |BrazilPROGRAM/PROJECTIFC Suzano S.A.FUNDING$950 million sustainability-linked loan A loan from IFC to Suzano S.A. supportsclimate change mitigation through invest-ments in sustainably managed planta-tions that will sequester carbon, and byincreasing the use of renewable energysources. Specifically, the proceeds of theloan have been used for the constructionof a greenfield pulp mill and developmentof eucalyptus plantations in Ribas do RioPardo, in the state of Mato Grosso do Sul,concluded in 2024. RESULTSPublic Disclosure Authorized 10,000 construction jobs, 2,700 direct jobsand40,900 indirect jobsin the value chain2 million hoursof trainingExport of180 megawatts of clean energyto thepower grid WBG APPROACH An IFC investment of $250 million, supplemented by an additional $700 million from partner financial institutions, hassupported Suzano S.A., the world’s largest producer of hardwood pulp, in the construction and operation of an elementalchlorine free (ECF) pulp mill - the “Cerrado Project”. Project components included the mill itself, with a capacity up to 2.55 million tons per year, and associated infrastructure –water intake and effluent pipelines, road and rail access, and worker accommodation. The mill’s basic raw material, euca-lyptus wood, is sourced from certified responsible forest management and controlled wood areas, on land incorporated intoSuzano’s owned and leased properties and third-party within an average radius of 65 km from the mill. The pulp mill, where operations commenced in the second half of 2024, is the first fossil-fuel free pulp mill in Brazil and inLatin America, representing a new milestone in eco-efficiency and sustainability for the industry in the region. It incorpo-rates design to allow for the optimal use of biomass byproducts, leading to a highly efficient production process. The projectincludes generation of renewable electricity, with the capacity to sell approximately 180 MW of surplus energy to Brazil’spower grid. To maximize electricity production, the recovery boiler and biomass boiler are high efficiency and designed forhigher steam pressure and temperature than any existing units in the region. The project has made a substantial contribution to rural employment and livelihoods in Brazil, with the creation of around45,000 jobs in the construction of the plant and associated nursery, and in eucalyptus planting activities. Since the startof operations, the new mill - located in a city with a population of 25,000 and a high prevalence of poverty at 28 percent -has employed approximately 3,000 employees. Suzano S.A. is committed to training and hiring people from local communities, including indigenous groups, and to provid-ing jobs for women. The IFC investment comes with incentives to increase the share of women in leadership positions from abaseline of 22.5 percent in 2021 to 30 percent in 2025. LESSONS LEARNED The project has highlighted the importance of collaboration – even between competitors – in building sustainable valuechains. The region where the project is located is experiencing a risk of labor shortage, thanks to rapid development of themanufacturing industry in the last 15 years. The Company and its competitors have faced challenges in attracting, hiringand retaining workers, especially for field activities that involve manual labor. The Company has been investing in improv-ing local infrastructure and offering technical training. In December 2024, it started a training course in partnership witheucalyptus producer MS Florestal and the national training institution SENAI, in the belief that that working collaborativelyis essential in developing workers and strengthening the forestry chain. NEXT STEPS IFC and Suzano have formalized a partnership to implement ecological corridors in the Brazilian Cerrado, with pilot projectsin Mato Grosso do Sul to connect 35,000 hectares of native Cerrado vegetation fragments. Additionally, the partnershipaims to promote the socio-biodiversity chain in the Cerrado, to engage landowners, encourage them to register or rectifytheir details in the Rural Environmental Registry, and to conduct training and outline technical and financial incentive strat-egies for large-scale restoration partnerships. Be