Amazon Fund: Forest production chains to receive BRL 96.6M
The initiative by the National Supply Company (Conab) will be carried out with resources from the Amazon Fund and with support from the Ministries of the Environment and Climate Change and Agrarian Development and Family Farming.
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“It is a legacy that we in the Brazilian government need to leave to the forest peoples. Socio-biodiversity products need to be promoted and deserve the visibility that other products important to Brazil’s economy have,” said Conab President João Edegar Pretto.
The initiative will cover 32 projects from cooperatives and associations in the Legal Amazon region, bringing together foresters, aquaculturists, extractivists, artisanal fishers, indigenous peoples, and quilombola communities.
Each proposal may receive investments of up to BRL 2.5 million for the acquisition of equipment and infrastructure aimed at boosting the commercialization of forest products in consumer markets.
The funds will be transferred to the program by the National Bank for Economic and Social Development (BNDES), which manages the Amazon Fund. According to BNDES’ socio-environmental director, Tereza Campello, the investment was made possible by a major effort to reduce deforestation and restructure the fund’s resources, allowing for investments that will total BRL 2.2 billion in 2025.
“This Conab initiative represents almost BRL 100 million for a strategic agenda that will reach our communities and also enable a platform where we will have all the socio-biodiversity data available in the Amazon in a professional and organized manner,” concluded Tereza Campello.