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, six of the Amazon states are a part of the Governor’s Climate and Forests Task Force (GCF). The goal of the GCF is to connect these states and the fourteen others in the partnership with market and non-market finance. Brazil is also in the process of developing a national REDD strategy.
Finance channeled through the Amazon Fund is directed to the following recipients:
The Amazon Fund (managed by BNDES) channeled 16% or US$105.6m of the funding it received from international and national donors to Brazilian state governments between 2009 and 2012. From this, Acre is scheduled to receive 44% or US$40.7 million, with approximately half, or US$20.7 million disbursed. Pará and Mato Grosso are due to receive 21% and 11% of this funding respectfully. Amazonas, while scheduled to receive just 12% of state government directed funding, has already seen 76.3% of this commitment disbursed. Currently, US$8.3 million has been committed to the state of Rondônia, yet none has been disbursed.
The data presented below highlights levels of REDD+ financing committed and disbursed, main donors, recipients and REDD+ activities in the period between 2009 and 2012. For more information on our methodology, please visit our FAQs page.