Organizational profile: 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 fund is managed by the Brazilian Development Bank (BNDES). The Amazon Fund supports projects aimed at preventing, monitoring and combating deforestation and at promoting the conservation and sustainable use of the Brazilian Amazon in the following areas:
I. management of public forests and protected areas;
II. environmental control, monitoring and inspection;
III. sustainable forest management;
IV. economic activities developed from the sustainable use of vegetation;
V. Ecological and Economic Zoning (ZEE), land-use planning and landholding regularization;
VI. conservation and sustainable use of biodiversity; and
VII. recovery of deforested areas.
Financing Instrument: Grants
Project scale: Recent project support has ranged from approximately R$120,000 to R$73,000,000.
Applicable geographical regions/country groups: Brazil
Recipient categories: Governments, Businesses, NGOs/NPOs
Eligibility Criteria: Actions to prevent, monitor and combat deforestation, besides promoting the preservation and sustainable use of the Brazilian Amazon (or Legal Amazon). Eligible projects should directly or indirectly contribute to reducing the deforestation of the Amazon Forest. Furthermore, up to 20% of the 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.
Application guidelines: Requests for financial support from the Amazon Fund are submitted through a request form ("Preliminary Consultation") that can be accessed by the link: : https://web.bndes.gov.br/ConsultaEletronica/fundoamazonia/. The Preliminary Consultation is organized based on the characteristics and information of the proposing entity and the basic elements of the project, which must be completed by the applicant, without the need for intermediaries.