Brazil

Decree n° 6527/08 providing for the establishment of the Amazon Fund

Executive
Decree
Passed in
This decree mandates the National Bank for Economic and Social Development (BNDES) to create the Amazon Fund.

The Fund must provide for: 1) management of public forests and protected areas; 2) environmental control, monitoring and inspection; 3) sustainable forest management; 4) economic activities developed from the sustainable use of the forest; 5) economic activities developed from the sustainable use of vegetation; (Wording given by Decree nº 8.773, of 2016); 6) Ecological and Economic Zoning, territorial ordering and land tenure regularisation; 7) conservation and sustainable use of biodiversity; and 8) recovery of deforested areas.

The decree has been amended multiple times by successive governments to amend or suppress a range of clauses.

Documents
Related litigation cases
  • PSB et al v Brazil (on Amazon fund)

    Opened in 2020 Case filed

    On June 5th, 2020, four political parties filed a Direct Action of Unconstitutionality for Omission (ADI-O), before the Federal Supreme Court (STF), challenging the Federal government's alleged failure to adopt administrative measures concerning the Amazon Fund.The Amazon Fund, created by the Dec...

from the Grantham Research Institute
from the Grantham Research Institute
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