Brazil National Bank for Economic and Social Development (BNDES) has released $7 million for the restoration of degraded areas of the “Mata Atlântica”, the Atlantic Forest in the state of Rio de Janeiro.
The Atlantic Forest in Rio de Janeiro is a critical biodiversity hotspot, hosting immense richness despite only 12% of its original cover remaining. The “Mata Atlântica” second only to the Amazon in biodiversity features coastal territories, lowland, montane rainforests, 20.000 plant species, an immense endemism, providing vital water services and habitat for endangered species like the golden lion tamarin, jaguars and various primates, with key protected areas like Tijuca National Park, Serra dos Órgãos, and the REGUA reserve.
The project is part of the Brazil National Bank for Economic and Social Development Florestal strategy, which brings together financial and technical instruments aimed at promoting ecological restoration and the forest bioeconomy in the country.
The $7 million for the restoration of degraded areas of the forest is an operation linked to a total financing of approximately $26.7 million, previously approved with resources from the Climate Fund linked to the Ministry of the Environment as reported by the news portal Brasil 247, a Brazilian news and political analysis website headquartered in São Paulo.
The resources will be applied in an ecological recovery project aimed at the recomposition of native vegetation and the strengthening of the regional bioeconomy.
The initiative foresees the recovery of 15.000 hectares in the North of Rio de Janeiro, covering areas of permanent preservation, legal reserves, and other spaces, in compliance with environmental legislation.
With the exclusive use of native species, the actions seek to recompose the vegetation cover, reconnect forest fragments and favour the return of wildlife. The project also incorporates soil conservation and water management practices, such as erosion control, increased organic matter, and improved water infiltration.
In addition to the environmental benefits, the project foresees the generation of more than 600 direct and indirect jobs, involving activities such as seed collection, seeding production and forest maintenance.
The initiative also includes training actions and promotion of local entrepreneurship, with s focus on social inclusion and income generation.
Between 2023 and 2025, this strategy mobilized about $1.228 with the potential to make it possible to plant 280 million trees, generate 70.000 jobs and capture 54 million tons of carbon.
President
of Brazil National Bank for Economic and Social Development Aloizio Mercadante,
said that with this initiative, Brazil demonstrates that is possible to restore
the planet and develop the green economy.
BNDES head added that the Atlantic Forest is one of the richest, and, at the
same time, most degraded biomes in Brazil, which is why supporting recovery
projects, it is essential to protect biodiversity, face extreme weather events
and generate employment and income in the territories.
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