Brazil's environment ministry (MMA) and development bank Bndes approved R210mn ($38.8mn) in investments for the Amazon fund on Tuesday, the government said.
The funding includes R150mn to finance the Uniao com Municipios program, aimed at reducing deforestation and wildfires in the Legal Amazon region — which covers nine northern states along the Amazon biome and basin, equivalent to 61pc of Brazil's territory. The focus area includes 70 cities, 48 of which have already joined the program.
Burned areas in the northern Amazon rainforest fell by 75pc in the first half of 2025 from a year earlier, according to MMA. Wildfires in the biome decreased by 46pc in 2024 from two years earlier, space institute Inpe said.
The funding also eyes R60mn for the Prospera na Floresta project, which aims to to implement environmental management and regulate protected areas in indigenous sites. The project also supports sustainable practices for traditional peoples in the northern Amazonas state and tourism in the region, in line with the UN's sustainable development targets, Bndes said.
Brazil is working to eliminate deforestation — both legal and illegal — by 2030, to meet its emissions reductions targets under the Paris climate agreement. Deforestation is one of Brazil's flagship issues for UN Cop 30 summit, which it will host in November in Belem, northern Para state's capital.
The Amazon fund aims to reduce greenhouse gas emissions from deforestation and mitigate climate effects through social programs destined to indigenous and traditional peoples inhabiting the Amazon biome.
