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Brazil Project Notice - Improving Funding To Protect Forests In Brazil


Project Notice

PNR 71397
Project Name Improving funding to protect forests in Brazil
Project Detail Action4Forests (A4F) Brazil has committed to stopping illegal deforestation by 2030. Funding to protect forests and biodiversity is therefore an integral part of Brazilian policy. In spite of this, it is difficult for organisations and local governments to implement effective forest protection and climate action projects because of inadequate financing and capacities. At present, Brazil receives the majority of its funding for forest protection on the basis of the REDD+ approach developed by the United Nations. Under this system, it receives payments if greenhouse gas emissions from deforestation are reduced. To ensure that forests and biodiversity continue to be conserved in the future, Brazil must look further afield for sources of financing and also increase access to the funds and their distribution around the country. Those responsible for forest protection have a greater ability to improve access to financing and increase the volume of funding.
Funded By Self-Funded
Sector Environment and Pollution
Country Brazil , South America
Project Value Plz Refer Document

Contact Information

Company Name German Federal Ministry for Economic Cooperation and Development (BMZ)

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