Amazon Fund (Fundo Amazônia)
The Amazon Fund was created to raise donations so that investments can be made in efforts to prevent, monitor and combat deforestation, as well as to promote the conservation and sustainable use of forests in the Amazon Biome. Although the Amazon Fund was created by the government and is managed by a public bank, it is a private fund. Activities supported include management of public forests and protected areas, environmental control, monitoring and inspection, sustainable forest managments, recovery of deforested areas, along with other activities.
Requests for support are sent to the BNDES, the manager of the Amazon Fund, by means of an Application Form, which must be filled in under the Guidelines for Previous Consultation. There are three templates in the Guidelines for Previous Consultation available on the Amazon Fund’s website.a) Previous Consultation – Science, Technology and Innovation: for requests aimed at scientific, technological and innovation projects;
b) Previous Consultation – Direct Public Administration : for requests sent by the Direct Public Administration bodies (federal, states, municipalities and the Federal District); and
c) Previous Consultation: for all the other requests that do not fall under items a and b.
The Norwegian commitment established annual donations until 2015, totaling USD 1 billion. In December 2010, the Amazon Fund received its second donation, from the government of Germany, through its Development Bank (KfW), which has committed to contributing USD 27.8 million.