mongabay.com logo About  |   Contact  |  Mongabay on Facebook  |  Mongabay on Twitter  |  Free newsletter
Rainforests | Tropical fish | Environmental news | Blog | For kids | Madagascar | Photos | Non-English languages | Tropical Conservation Science
SHARE:
print


Brazil allocates first funds under plan to save the Amazon
Rhett A. Butler, mongabay.com
December 10, 2009



Summary:
  • Brazil's Amazon Fund to reduce deforestation distributes $40M to 5 NGOs
  • Projects focus on monitoring, environmentally-responsible land use, forest protection, and payments for avoiding deforestation
  • 20% of Amazon Fund will go towards monitoring of non-rainforest ecosystems and forests outside Brazil


    Brazil's development bank BNDES has announced the first five recipients of grants under the South American country's ambitious Amazon Fund, which aims to reduce deforestation by 70 percent over the next decade.

    The recipients include US$ 11 million for the Bolsa Floresta program, which compensates forest communities in the state of Amazonas for avoiding deforestation; Imazon (Instituto do Homem e Meio Ambiente da Amazônia), which will receive $5.5 million to create an environmental land registry and monitoring capabilities in the state of Pará; TNC Brasil, which will get $9.1 million to encourage wood producers, cattle ranchers and soy farmers in Pará and Mato Grosso to sign up for a land registry that promotes environmental stewardship; the Projeto Sementes do Portal; which will receive $3.1 million to develop reforestation projects on degraded lands in Mato Grosso; and the Fundo Brasileiro para a Biodiversidade, which will get $11.5 million to support the second phase of the Arpa Program responsible for establishing new protecting areas.



    Brazil's proposed targets for reducing deforestation:


    All together some $40 million will be allocated to the initiatives, or just over a third of the $110 million of the money raised from Norway for the Amazon Fund in 2009. Norway has committed 750 million krone (about US$ 125 million) for 2010 and up to one billion by 2016.

    The Amazon Fund represents Brazil's effort to reduce greenhouse gas emissions from deforestation. As the world's top deforester over the past decade, forest loss accounts for more than 60 percent of Brazil's total CO2 emissions.

    The Amazon Fund, which aims to raise more than $20 billion from foreign donors over the next decade — will target investments in forest protection and efforts to sustainably use forest resources. The fund will support sustainable forest management, land-use planning and land-title regularization, reforestation and forest recovery, environmental monitoring, the development of sustainable industries, and establishment of new protected areas. 20 percent of the funds have been ear-marked for developing systems to monitor and control deforestation outside the Brazilian Amazon, including other ecosystems within Brazil and other countries.





    Related articles

    Brazil could halt Amazon deforestation within a decade

    (12/03/2009) Funds generated under a U.S. cap-and-trade or a broader U.N.-supported scheme to reduce greenhouse gas emissions from deforestation and degradation ("REDD") could play a critical role in bringing deforestation in the Brazilian Amazon to a halt, reports a team writing in the journal Science. But the window of opportunity is short — Brazil has a two to three year window to take actions that would end Amazon deforestation within a decade.


    Brazil's plan to save the Amazon rainforest

    (06/02/2009) Accounting for roughly half of tropical deforestation between 2000 and 2005, Brazil is the most important supply-side player when it comes to developing a climate framework that includes reducing emissions from deforestation and forest degradation (REDD). But Brazil's position on REDD contrasts with proposals put forth by other tropical forest countries, including the Coalition for Rainforest Nations, a negotiating block of 15 countries. Instead of advocating a market-based approach to REDD, where credits generated from forest conservation would be traded between countries, Brazil is calling for a giant fund financed with donations from industrialized nations. Contributors would not be eligible for carbon credits that could be used to meet emission reduction obligations under a binding climate treaty.


    Brazil accounts for 74% of global land area protected since 2003

    (06/01/2009) Brazil accounts for nearly three-quarters of land protected in conservation areas established since 2003, according to a new study published in the Biological Conservation.


    How to save the Amazon rainforest

    (01/04/2009) Environmentalists have long voiced concern over the vanishing Amazon rainforest, but they haven't been particularly effective at slowing forest loss. In fact, despite the hundreds of millions of dollars in donor funds that have flowed into the region since 2000 and the establishment of more than 100 million hectares of protected areas since 2002, average annual deforestation rates have increased since the 1990s, peaking at 73,785 square kilometers (28,488 square miles) of forest loss between 2002 and 2004. With land prices fast appreciating, cattle ranching and industrial soy farms expanding, and billions of dollars' worth of new infrastructure projects in the works, development pressure on the Amazon is expected to accelerate. Given these trends, it is apparent that conservation efforts alone will not determine the fate of the Amazon or other rainforests. Some argue that market measures, which value forests for the ecosystem services they provide as well as reward developers for environmental performance, will be the key to saving the Amazon from large-scale destruction. In the end it may be the very markets currently driving deforestation that save forests.






    CITATION:
    Rhett A. Butler, mongabay.com (December 10, 2009). Brazil allocates first funds under plan to save the Amazon. http://news.mongabay.com/2009/1209-brazil.html


    Tags:
    brazil amazon fund amazon deofrestation rainforest forests forestry green environment saving rainforests remote sensing Satellite Imagery sustainable development sustainable forest management cattle ranching certifcation conservation conservation finance protected areas happy-upbeat environmental south america latin america saving the amazon rhett butler

    print



    Environmental news index | RSS | News Feed | Twitter | Home


    Advertisements:





    Mongabay Store
    Wildlife of Madagascar T-shirt
    Wildlife of Madagascar T-shirt
    Bold and Dangerous - Pygmy tyrant t-shirts
    Bold and Dangerous - Pygmy tyrant
    Love me before I'm gone - Gladiator frog t-shirts
    Love me before I'm gone - Gladiator frog
    Licking this frog may make you crazy t-shirts
    Licking this frog may make you crazy




  • DON'T LIKE ADS? Become a mongabay supporter


    WEEKLY NEWSLETTER
    Email:


    RECENT FEATURES
    As Amazon deforestation falls, food production risesAs Amazon deforestation falls, food production rises
    Biggest environmental news stories of 2011Biggest environmental news stories of 2011
    The year in review for rainforestsThe year in review for rainforests
    Our top nature pictures of 2011Our top nature pictures of 2011


    POPULAR PAGES
    Rainforests
    Rain forests
    Amazon deforestation
    Deforestation
    Deforestation stats
    Why rainforests matter
    Saving rainforests
    Amazon rainforest
    Congo rainforest
    Deforestation data
    Rainforest canopy

    Special sections
    New Guinea
    Finding new species
    Sulawesi
    Madagascar
    Borneo
    REDD

    News
    Most popular articles
    Worth saving?
    Forest conservation
    Cell phones in Africa
    Seniors helping Africa
    Saving orangutans in Borneo
    Palm oil
    Amazon palm oil
    Future of the Amazon
    Cane toads
    Dubai environment
    Investing to save rainforests
    Visiting the rainforest
    Biomimicry
    Defaunation
    Blue lizard
    Extinction debate
    Extinction crisis
    Industrial deforestation
    Save the Amazon
    Rainforests & REDD
    Brazil's Amazon plan
    Avatar story
    Amazon ranching

    News topics
    Amazon
    Biofuels
    Brazil
    Carbon Finance
    Conservation
    Climate Change
    Deforestation
    Energy
    Happy-upbeat
    Indonesia
    Interviews
    Oceans
    Palm oil
    Rainforests
    Wildlife
    MORE TOPICS



    Non-English Sites
    Chinese
    French
    German
    Indonesian
    Italian
    Portuguese
    Spanish
    Other languages

    Nature Blog Network







    Photos
    Brazil photos
    Brazil

    China photos
    China

    Colombia photos
    Colombia

    Costa Rica photos
    Costa Rica

    Deforestation photos
    Deforestation

    Gabon photos
    Gabon

    India photos
    India

    Indonesia photos
    Indonesia

    Kenya photos
    Kenya

    Madagascar photos
    Madagascar

    Peru photos
    Peru

    Peru photos
    Rainforest



    ABOUT
    Mongabay.com seeks to raise interest in and appreciation of wild lands and wildlife, while examining the impact of emerging trends in climate, technology, economics, and finance on conservation and development (more)

    Help support mongabay.com when you buy from Amazon.com


    CALENDARS



    BOOKS BY MONGABAY AUTHORS
    Rainforest book for kids Conservation in an age of mass extinction


    FREE WEEKLY NEWSLETTER



    HIGH RESOLUTION PHOTOS / PRINTS








    Copyright mongabay 2010

    Carbon dioxide (CO2) emissions generated from mongabay.com operations (server, data transfer, travel) are mitigated through an association with Anthrotect,
    an organization working with Afro-indigenous and Embera communities to protect forests in Colombia's Darien region.
    Anthrotect is protecting the habitat of mongabay's mascot: the scale-crested pygmy tyrant.