The Guiding Committee of the Amazon Fund, known as Cofa, meets today for the first time in almost four years

The Amazon fund aims to help local populations to generate income without causing degradation and devastation of native vegetation, playing a fundamental role in enabling surveillance operations and repression of illegal activities.
The Guiding Committee of the Amazon Fund, known as Cofa, meets today for the first time in almost four years. With R$ 3.4 billion at a standstill, actions by the committee are required for the destination of the resource, which for 4 years was at a standstill without practical application. Generating retraction of new donations and international support.
Today the largest contributors to the fund are the governments of Norway and Germany.
The return on the fund’s work can help leverage funding from new sources, says Marina Silva, Minister of the Environment.
The fight against mining and emergency rescue of the Yanomami peoples, and deforestation in the region, should be one of the main topics of this meeting.
We believe it will be an important resumption for the sustainable development of the Amazon rainforest, with important international support that understands the importance of the Amazon in combating global warming and sustainability on Earth.

Alexandre da Rosa

Read the full article at ReSet: https://www.capitalreset.com/fundo-amazonia-comeca-a-ser-reativado-o-que-esperar/