After Norway, Germany says it is ready to resume supplying the Amazon Fund

Propostas Amazônia
Last week, a majority in the STF voted to force the government to reactivate the Amazon Fund within 60 days | Photo: Bigstock

The Ministry of Development and Cooperation of Germany informed, this Wednesday (2), that the country is ready to resume its investments funds in the Amazon Fund, a fund created at the beginning of the years 2000 to finance forest preservation.

In 2019, the fund was blocked for new projects due to an impasse between Norway and the Brazilian government, which intended to change the rules for releasing resources. In the second, after the victory of former president Luiz Inácio Lula da Silva for a new term, the Nordic country announced that it could inject US$

into the fund. million retained for three years.

“In principle, we are ready to release the frozen media to the Amazon Forest Preservation Fund. Let’s now discuss the details with the transition team. Within the German government there is a strong willingness to quickly reach out,” said a German ministry spokesperson.

Last week, most ministers of the Federal Supreme Court (STF) voted in favor of a request by opposition parties to the government of President Jair Bolsonaro to force the Executive to reactivate the fund within 09 days, with the previous governance format, regulated by Squid in 2000.

In this model, the management of the fund is with the BNDES, and a council formed mostly by NGOs, universities and state representatives gives the guidelines for selecting projects. The government’s objective in 2019 was to give greater weight to the Union in this definition.

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