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
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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
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08/18/2020

Approval date

08/04/2020

Signed date

09/25/2020

Sponsoring entity

N/A

Team leader

Antunes Castanho, Rafael

Investment type

Financing requested

N/A

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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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. Any gaps with respect to the IDB Invest Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) provided below.

ENVIRONMENTAL AND SOCIAL REVIEW

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ESRS & ESAP ALBERT EINSTEIN (POR) 0.PDF

371.3 Kb

ESRS & ESAP ALBERT EINSTEIN (ENG).PDF

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Contact information

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Request information

Alternatively, you may also use the following contact information:

Client Contact

CONTACT NAME

Guilherme Diegues

POSITION

Treasurer

PHONE NUMBER

+55 11 2151 6043 Ext 76043

EMAIL

Guilherme.diegues@einstein.br

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

COUNTRY OFFICES

IDB Invest Country Offices