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.

Donors

Main donors, levels of funding committed and disbursed to Brazil between 2009 and 2014:

Proportional total donor commitments and disbursements 2009-2014

 

Donor commitments by location, 2009-2014