In total, the Amazon Fund has 96 supported projects in the portfolio, with a total value of R$ 1.7 billion; and 873 million, or little more than 50%, has already been disbursed.

The Brazilian energy grid, although renewable, has more than 60% of its generation from hydroelectric sources, which tends to be increasingly exposed to the effects of climate change and drought periods.

The fixed-rate financing in BNDES Giro, the line of support to working capital, seeks to meet companies that do not want to be exposed to liability linked to inflation.

The resources are the Amazon Funds, coordinated by MMA and managed by BNDES, and will support IBAMA’s activities of environmental surveillance and deforestation control in the Amazon for 36 months, as of May 2018.