Company name
Movida Participacoes SA
Project number
16453-01
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
Transport
Status
Proposed
Disclosed date
10/07/2026
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
11/10/2026
Approval date
N/A
Signed date
N/A
Sponsoring entity
Movida Participações S.A.
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
USD $ 200,000,000
Financing amount
USD $ 300,000,000
Currency
USD
Project scope and objective
The Project consists of senior A/B corporate financing and co-financing of up to US$300 million for Movida Participações S.A. to support the acquisition and renewal of a next-generation fleet, with a focus on incorporating new vehicle technologies. The structure includes an IDB Invest Loan A of up to US$100 million, with a term of up to eight-years and a two-year grace period, and Loan B and/or co-financing of up to US$200 million, with a term of up to five years and a two-year grace period. The funds will be used to purchase electric and hybrid vehicles between 2028 and 2032, as well as to acquire new eligible flex-fuel vehicles, including those linked to the Self-Employment Initiative for ride-hailing drivers and other self-employed workers, with measures to increase women’s participation.
The main objective is to facilitate Movida’s transition to a next-generation fleet, promoting its modernization and progressive decarbonization through greater efficiency, increased use of ethanol, and reduced emissions, while simultaneously expanding access to vehicles for income generation.
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Contact information
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Client Contact
PHONE NUMBER
+5511 3528 1199
POST OFFICE ADDRESS
Rua Dr.Renato Paes de Barros No.1017 - 9 Andar, Itaim Bibi - São Paulo/SP - Brazil
Information not available on IDB Invest website may be requested by mailing to 1350 New York Ave NW, Washington, DC 20577, by e-mailing [email protected] or by calling +1(202)-566-4566.
Individuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing [email protected] or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to [email protected] or [email protected] or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For 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.
MOVIDA - RESUMO DA REVISÃO AMBIENTAL E SOCIAL (RRAS OU ESRS)
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MOVIDA - PLANO DE AÇÃO AMBIENTAL E SOCIAL (PAAS OU ESAP)
112.6 Kb