BNDES/Amazon Fund

The Amazon Fund was created in 2008 to provide financial support to prevent, monitor and combat deforestation, as well as to promote the sustainable use of biodiversity in the Brazilian Amazon. It is managed by BNDES, the Brazilian development bank. It has received more than US$ 1 billion in donations – from Norway (97%), Germany and Petrobras – and supports 85 projects with US$ 598 million.

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