The Amazon Fund is a REDD+ mechanism created to raise donations for non-reimbursable investments in efforts to prevent, monitor and combat deforestation, as well as to promote the preservation and sustainable use in the Brazilian Amazon. The Amazon Fund supports projects related to:
- Management of public forests and protected areas;
- Environmental control, monitoring and inspection;
- Sustainable forest management;
- Economic activities created with sustainable use of the vegetation;
- Ecological and economic zoning, territorial arrangement and agricultural regulation;
- Preservation and sustainable use of biodiversity; and
- Recovery of deforested areas.
The Amazon Fund is managed by the Brazilian Development Bank (BNDES), which is responsible for raising and investing funds, monitoring the projects supported, rendering accounts and communicating results obtained.
Financing Instrument: Grants
Project scale: Recent project support has ranged from approximately US$ 885,000 to US$ 41,000,000.
Applicable geographical regions/country groups: Brazil, other tropical countries
Recipient categories: Governments, Businesses, NGOs/NPOs
Eligibility Criteria: Eligible projects should directly or indirectly contribute to reducing the deforestation of the Amazon Forest. Furthermore, up to 20% of the Amazon Fund’s disbursements may support the development of systems for monitoring and controlling deforestation in other Brazilian biomes and in biomes of other tropical countries.
Projects will be selected via open calls for proposals put out by the Amazon Fund or its partner institutions. All calls for proposals must be publicized on the official website of the Amazon, or that of its partners. For more information, visit the Portuguese version of the Amazon Fund website: https://www.amazonfund.gov.br/pt/como-apresentar-projetos/chamadas-publicas/
Last updated: 6 September 2023