CMN Resolution No. 5,285 - Financing Lines for Climate Event Victims under Provisional Measure No. 1,337 of 2026

Resolution No. 5,285

CMN RESOLUTION NO. 5,285, OF MARCH 13, 2026

Establishes the conditions, financial charges, deadlines, and other regulatory norms for the financing lines referred to in Article 1 of Provisional Measure No. 1,337, of March 6, 2026, intended for natural or legal persons affected by climate events that occurred in February and March 2026, in municipalities that had a state of public calamity recognized by the Federal Executive Power.

The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in an extraordinary session held on March 13, 2026, based on the provisions of Articles 4, caput, item VI, of Law No. 4,595, of December 31, 1964, 1, § 3, of Provisional Measure No. 1,337, of March 6, 2026, and taking into account the provisions of Article 47, caput, item VII, of Law No. 12,351, of December 22, 2010,

R E S O L V E S:

Art. 1. A financing line is created, with resources from the financial surplus of the Social Fund – FS, limited to the amount of R$500,000,000.00 (five hundred million reais), with the purpose of supporting actions for mitigation and adaptation to climate changes and for dealing with social and economic consequences resulting from public calamities, in accordance with Provisional Measure No. 1,337, of March 6, 2026, observing the following conditions:

I - beneficiaries: natural or legal persons affected by climate events that occurred in February and March 2026, in municipalities that had a state of public calamity recognized by the Federal Executive Power, as established in an act of the Ministry of Finance;

II - financial charges to borrowers, as remuneration for financial institutions: up to 4.5% p.a. (four and five-tenths percent per year);

III - financial charges to borrowers, as remuneration to the FS:

a) for the purpose of working capital:

1. 2% p.a. (two percent per year), when it concerns operations with a beneficiary, natural person, who has an annual income of up to R$500,000.00 (five hundred thousand reais);

2. 3% p.a. (three percent per year), when it concerns operations with a microenterprise or small business, as defined in Complementary Law No. 123, of December 14, 2006;

3. 4% p.a. (four percent per year), when it concerns operations with a beneficiary who has an annual income or Gross Operating Revenue – ROB of up to R$300,000,000.00 (three hundred million reais); and

4. 6% p.a. (six percent per year), when it concerns operations with a beneficiary who has an annual income or ROB exceeding R$300,000,000.00 (three hundred million reais); and

b) for the purpose of reconstruction projects and acquisition of machinery and equipment: 1% p.a. (one percent per year) for all beneficiaries;

IV - maximum financing value per borrower:

a) R$200,000.00 (two hundred thousand reais), for natural persons who exercise economic activity in the agricultural, forestry production, fishing, and aquaculture sectors, including directly related services, with an annual gross family income of up to R$500,000.00 (five hundred thousand reais), calculated based on the exercise preceding the contracting;

b) R$500,000.00 (five hundred thousand reais), for a private law legal entity and individual entrepreneur with Gross Operating Revenue of up to R$4,800,000.00 (four million and eight hundred thousand reais), calculated based on the exercise preceding the contracting;

c) R$5,000,000.00 (five million reais), for a private law legal entity with Gross Operating Revenue above R$4,800,000.00 (four million and eight hundred thousand reais) and up to R$300,000,000.00 (three hundred million reais), calculated based on the exercise preceding the contracting; and

d) R$10,000,000.00 (ten million reais) for working capital and R$50,000,000.00 (fifty million reais) for reconstruction, machinery, and equipment, for companies that have calculated Gross Operating Revenue above R$300,000,000.00 (three hundred million reais), calculated based on the exercise preceding the contracting; and

V - repayment term:

a) for the purpose of working capital: up to sixty months, including up to twelve months of grace period; and

b) for reconstruction and isolated acquisition of machinery and equipment: up to one hundred and twenty months, including up to twelve months of grace period.

§ 1. The financial charges to the borrower will be calculated by converting the charges provided for in items II and III of the caput into factors and their subsequent multiplication, which may be capitalized or paid during the grace period.

§ 2. Without prejudice to the provisions of item IV, letters “a” to “d”, of the caput, the credit operation per borrower is limited to 60% (sixty percent) of the Gross Operating Revenue for legal entities and individual entrepreneurs, calculated based on the exercise preceding the contracting, except for the case of companies that have been operating for less than one year, in which case the loan limit will correspond to up to 50% (fifty percent) of its social capital or up to 60% (sixty percent) of twelve times the average of its gross monthly revenue calculated in the period, since the beginning of its activities, whichever is more advantageous.

Art. 2. The credit line referred to in this Resolution will be operationalized by Banco do Brasil and Caixa Econômica Federal, which will assume the risk of the operations, including credit risk.

Sole Paragraph. Banco do Brasil and Caixa Econômica Federal must send a report to the Ministry of Finance, within a period of up to three years, counting from the publication of this Resolution, verifying the impacts on the affected regions.

Art. 3. Financing requests filed with Banco do Brasil and Caixa Econômica Federal until July 4, 2026, may be covered by the conditions established in this Resolution, as established in an act of the Ministry of Finance.

Art. 4. This Resolution enters into force on the date of its publication.

GABRIEL MURICCA GALÍPOLO
President of the Central Bank of Brazil