Map of Brazil Brazil

Total REDD+ Finance Committed:

$1,545,146,578

Total REDD+ Finance Disbursed:

$1,407,590,322

Brazil is the largest country in South America and the fifth largest and most populous in the world. Forests cover about three-fifths of Brazil’s land area, which represents over 14% of the world’s forest coverage, including one-third of the world's remaining rainforests. Despite the fact that the deforestation rate in the Brazilian Amazon has decreased in the last decade, deforestation continues to be a major issue.

Currently, Brazil does not have finalized National REDD+ Strategy. However in 2007, the country submitted a proposal to the UNFCCC for a voluntary mechanism to compensate countries demonstrating real reductions in deforestation, ultimately resulting in the launch of the Amazon Fund.

Amazon Fund

Finance channeled through the Amazon Fund is directed to the following recipients:

Amazon Fund commitments and disbursements to Brazilian sub-national governments, 2009-2012

 
   
  • Amazon Fund commitments and disbursements to Brazilian sub-national governments, 2009-2012

    Chart Description

    The Amazon Fund (managed by BNDES) channeled 16% or US$105.6m of the funding it received from international and national donors to Brazilian state governments between 2009 and 2012. From this, Acre is scheduled to receive 44% or US$40.7 million, with approximately half, or US$20.7 million disbursed. Pará and Mato Grosso are due to receive 21% and 11% of this funding respectfully. Amazonas, while scheduled to receive just 12% of state government directed funding, has already seen 76.3% of this commitment disbursed. Currently, US$8.3 million has been committed to the state of Rondônia, yet none has been disbursed.

    Relevant Frequently Asked Questions