Associations, cooperatives and foundations of private law that work in the Legal Amazon can participate in the public selection.
The Amazon Fund, managed by the BNDES, launched on Thursday (november 16th), an announcement of R$ 200 million (aproximately US$ 62,5 million) to recover the vegetation cover in the Legal Amazon. Public Call 02/2017 will support up to five projects to recover vegetation cover, contributing to the technical and managerial structuring of the productive chain of the sector and to the environmental regularization of rural properties. The launch was held at Espaço Brasil of the 23rd Climate Conference in Bonn, Germany.
The initiative contributes to Brazil's compliance with the goals set out in the Paris Agreement signed at the United Nations Framework Convention on Climate Change in 2015, COP 21. The commitment provides for the restoration of 12 million hectares of forests by 2030. In addition, the bidding process contributes to the environmental regularization required by the Forest Code (Law 12.651 / 2012).
The project registration period will run until June 8th, 2018. The final disclosure of the selected projects is scheduled for October 13, 2018. Projects may be presented by associations, cooperatives and foundations under private law.
The proposals and activities supported should have the purpose of recovering the vegetation cover of areas that are located in the Legal Amazon and that fall into one or more of the following categories: a) Nature Conservation Unit, in possession or public domain; b) Legal Reserve and Permanent Preservation Area in Land Reform Settlements or in Quilombola Territories; c) Indigenous Lands; and d) Legal Reserve and Areas of Permanent Preservation in small properties or rural possessions of up to 4 (four) fiscal modules.
According to the National Plan for the Recovery of Native Vegetation (Planaveg for its acronym in portuguese), published in the Brazilian Official Gazette in this Thursday (November 16th), the recovery of native vegetation brings several economic, social and environmental benefits. Among them, the increased supply of standing forest products; reducing the risk of landslides and silting of rivers and wetlands; job creation in rural areas; reducing poverty and raising incomes among small and medium-sized farmers; increasing local biodiversity and increasing sequestration and carbon stock, which contributes to mitigation and adaptation to the effects of climate change; the improvement of water supply, especially in urban centers; and reducing the risks associated with natural disasters and extreme weather events such as landslides and floods.