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.

Overview: REDD+ finance flowing to Brazil

Brazil’s REDD+ financing landscape is set out below:

Flows of REDD+ finance between donors and recipients, 2009-2014

 

Cumulative commitments and disbursements, 2009-2014

 
   
  • Flows of REDD+ finance between donors and recipients, 2009-2014

    Chart Description

    Donor governments have committed approximately 78% of overall REDD+ finance to Brazil. This funding has been channeled to a multitude of first tier recipients, with majority of the funding being directed to the Amazon Fund (managed by the Brazilian Development Bank, BNDES). Multilateral institutions account for 14% of REDD+ funding within the country between 2009 and 2014. This funding has gone funding exclusively to the government of Brazil and local jurisdictions. Private foundations provided approximate 7% to a variety of recipients.

    Relevant Frequently Asked Questions

  • Cumulative commitments and disbursements, 2009-2014

    Chart Description

    Total commitments increased steadily throughout the six year period, from US$971.5 million in 2009 to an overall US$ 1545.1 million by 2014. Disbursements have increased at a relatively consistent rate during this same period, amounting to 91% of total cumulative commitments by the end of the period—the majority of which has been disbursed to the Amazon Fund. Actual disbursements from the Fund will continued to be tracked by the REDDX team throughout the 2015-2016 data collection cycle.

    Relevant Frequently Asked Questions