Company name
Sociedade Beneficente Israelita Brasileira Albert Einstein
Project number
13135-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S category
B
Country

Brazil
Sector

Social Infrastructure
Status
In implementation
Disclosed date
06/08/2020
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
08/18/2020
Approval date
08/04/2020
Signed date
09/25/2020
Sponsoring entity
N/A
Investment Operations Department Contact
Portfolio Management Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 37,517,500
Currency
BRL
Project scope and objective
The credit operation (the "Operation") will be used to finance the response actions of the Sociedade Beneficente Israelita Brasileira Albert Einstein (the "HIAE", the "Company" or the "Project") to the emergence of the COVID-19 pandemic , mainly in the city of São Paulo, capital of the State of São Paulo (SP), Brazil. These response actions include: i) the expansion of installed capacity, in the two public hospitals of the Unified Health System (SUS, acronym in Portuguese) operated by HIAE, Dr. Moysés Deutsch Municipal Hospital - M'Boi Mirim, Dr. Gilson de Carvalho Municipal Hospital - Vila Santa Catarina and the Emergency Care Unit (UPA) of Hospital Campo Limpo, also the implantation of two field hospitals, Campaign Hospital of the Morumbi Unit and Municipal Hospital of Campanha do Pacaembu, and a tent for attendance and screening in the UPA´ s Municipal Hospital Dr. Gilson de Carvalho - Vila Santa Catarina and Hospital do Campo Limpo with a total of 743 new beds to reach a total of 1,081 beds; ii) the reorganization of the HIAE's service areas to expand 94 beds of the Intensive Care Unit (“ICU”) and Adult Semi-Intensive Care and 11 hospitalization beds; and iii) complementary activities to support the response to COVID-19, including prevention actions in needy communities, purchase of essential medical supplies, diagnostic tests and support for research, as well as donations of personal protective equipment (PPE) to the states of Amazonas, Pará and Ceará.
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Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
Guilherme.diegues@einstein.br
PHONE NUMBER
+55 11 2151 6043 Ext 76043
POST OFFICE ADDRESS
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesFor inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
ENVIRONMENTAL AND SOCIAL REVIEW
44.6 Kb
ESRS & ESAP ALBERT EINSTEIN (POR) 0.PDF
371.3 Kb
ESRS & ESAP ALBERT EINSTEIN (ENG).PDF
136.9 Kb