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The JBS Fund for the Amazon, Aiming to Have Conservation and Preservation Projects for the Forest, Will Receive Funding of R$ 250 Million in 5 Years
On the week of World Environment Day, the JBS Fund for the Amazon announced the first projects selected to receive investments for promoting conservation and preservation actions of the forest, improving the quality of life of local communities, and scientific and technological development in the region. There will be six initiatives that, together, will receive R$ 50 million from the Fund, established by JBS in September of last year, with a contribution of R$ 250 million over five years. See also: JBS Will Invest R$ 1.8 Billion in New Factory, Creating 2,600 Jobs in the Unit in Paraná
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The JBS Projects for the Amazon
The JBS Fund for the Amazon aims to promote actions for forest conservation and preservation and sustainable development in the region. The organization analyzed over 50 project ideas from proposals received through the website or prospected by the team.
Nine initiatives were invited to submit preliminary projects, which were reviewed by the JBS Technical Committee, composed of 11 members appointed by research institutes and third-sector organizations. These are professionals recognized in the environmental and sustainable development fields, with extensive experience in the Amazon’s reality and who have previously worked on projects with significant impacts in the Amazon region.
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The Purpose of the Contributions to Be Made in the Amazon
According to Joanita Maestri Karoleski, president of the JBS Fund for the Amazon, the projects receiving JBS investments will develop the forest’s bioeconomy, helping to add value to natural products, and also contributing to environmental preservation and socioeconomic development.
Andrea Azevedo, director of programs and projects for the Fund, stated that one of the focuses of the projects was to support those that value the individuals at the base of the forest chains, such as extractivists, indigenous peoples, and other traditional communities managing community businesses.
The Six Projects Supported by the JBS Fund for the Amazon
The first six initiatives selected by the JBS Fund for the Amazon will work on a wide range of activities in the biome. The implementation of agroforestry systems, which transform cultivation and livestock areas into carbon-absorbing sites, will occur through the adoption of regenerative agricultural practices.
The value chains of pirarucu and açaí will be strengthened by investments in production certification, value addition in processing, and capacity building in managing community businesses. Here are the names of the projects approved by the JBS Fund for the Amazon: RestaurAmazônia; Inclusive Community Economies Program in the Communities of Bailique and Beira Amazonas, Amapá; Fair and Sustainable Fishing Project; AMAZ (Accelerator & Impact Investments); Credit Leverage for the Forest Chains; Technical Partnership with Embrapa.
About the JBS Fund for the Amazon: The JBS Fund for the Amazon is an association dedicated to fostering and financing initiatives and projects aimed at the sustainable development of the Amazon Biome. The institution is open to contributions and partnerships from private sector associations and the third sector. JBS commits to match donations made until reaching R$ 500 million, with the company’s goal to increase the Fund’s resources to R$ 1 billion by 2030.
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