The Minister of Economic Cooperation and Development of Germany, Svenja Schulze, announced today (30) the release of around 200 million euros to be committed to environmental actions in Brazil over a period of 100 days. The announcement was made during a press conference in Brasília. Alongside the Minister of the Environment, Marina Silva, the German Minister Schulze confirmed, within the total contribution, 35 million euros to the Amazon Fund and 31 million euros to support the states of the Amazon in the implementation of what the German government refers to as “ambitious actions” for greater protection of the forest. The total amount also includes 29.5 million euros in support of an energy efficiency guarantee fund for small and medium-sized companies, with a direct contribution to private investments in energy efficiency; and 5.37 million euros in a consultancy project to promote renewable energies in industry and the transport sector. Also foreseen in the amount announced are 13.1 million euros in a project aimed at supporting small farmers in reforestation actions on their lands; 80 million euros for farmers to have access to low interest credit lines; and 9 million in support of sustainable supply chains. Amazon Fund The donation of 35 million euros to the Amazon Fund was formalized through the signing of a financial contract between the German bank KfW and the National Bank for Economic and Social Development (BNDES). States of the Amazon The German government has signaled its intention to allocate 31 million euros to the states of the Amazon for projects for the protection and sustainable use of forests, in line with the policies and strategic objectives of the Plan for the Prevention and Control of Deforestation in the Amazon.
Agência Brasil
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