Opportunities

Consulting for the development of a Toolkit on Brazilian Subnational Sovereign Wealth Funds

Opportunity details

Country:Brazil
Sector: Finance
Start date: Thursday, November 5, 2026
End date: Wednesday, November 11, 2026
Description

The Inter-American Development Bank invites consulting firms to submit their Expression of Interest to develop a Toolkit to support Brazil's state and municipal governments in creating, structuring, and managing subnational sovereign wealth funds, strengthening fiscal management, investment mobilization, and sustainable economic development.

The consultancy includes the following activities:

1. Conceptual and international analysis: Review of the fundamentals, typologies and purposes of sovereign wealth funds, as well as international experiences, financing models, governance and management.

2. Diagnosis of Brazilian experiences: Identification and analysis of state and municipal sovereign wealth funds, their operating models and application opportunities, considering the context of the Brazilian tax reform.

3. Development of practical tools: Development of guidance on legal, fiscal, financial and institutional aspects, investment policies, risk management, transparency and accountability, including checklists and diagnostic tools.

4. Expected outputs: Presentation of a work plan and methodology, a preliminary version of the Toolkit, and a final version incorporating the IDB's observations.

The consultancy will have an estimated duration of eight weeks from the signing of the contract.

Interested companies should carefully review the registration requirements on the relevant IDB portal and ensure that all requested information is completed before submitting their Statement of Interest (EOI).