Search result for: Amazon Fund

Amazon Fund receives R$45 million in donations from Switzerland and the USA

The National Bank for Economic and Social Development (BNDES) announced this Tuesday (3) the approval of two new donations to the Amazon Fund. Contributions were made by Switzerland, in the amount of 5 million Swiss francs (around R$30 million), and by the United States, in the amount of US$3 million (around R$15 million).

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Amazon Fund receives R$3,3 billion in donations

The president of the National Bank for Economic and Social Development (BNDES), Aloizio Mercadante, announced that the Amazon Fund has already received R$3,3 billion in donations, including R$1 billion from Norway and R$200 million from Germany. In total, the fund, managed by BNDES, accumulates R$5,4 billion, with R$1,8 billion already contracted.

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EU will start contributing to the Amazon Fund, indicates vice-president of the bloc's Executive

On a visit to Brazil, the vice-president of the European Commission, Frans Timmermans, indicated that the bloc will begin contributing to the Amazon Fund, a Brazilian government initiative financed by Germany and Norway to combat deforestation in the biome.

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