During COP 27, the Amazon Bioeconomy Loan Guarantee Program was launched. This initiative, run by Brazil’s national development bank, BNDES, in partnership with Fundo Vale, seeks to facilitate access to credit for the bioeconomy. In this same period, we launched the Amazon Journey Platform, which will train up to 3,000 talented people and support the creation of 200 startups that harness natural assets in the Amazon biome.

Fundo Vale was also involved in some other initiatives at COP 27, including the launch of Biomas, a new company that will restore and preserve forests through a partnership between Vale, Suzano, Marfrig, Itaú, Santander and Rabobank.

Fundo Vale partners CERTI, Belterra and Courageous Land took part in the 2022 edition of the Trillion Trees Campaign, an initiative that is supporting innovative projects to protect the biodiversity and ecosystems of the Amazon Rainforest.

In all, 195 loan contracts amounting to R$585,000 worth of credit have been signed in the region as part of this initiative, developed by the Conexsus Institute. Since 2018, Fundo Vale has been working with the institute to strengthen community and family farming and extractive businesses.

The 2022 Amazon Links Contest – Forest Restoration Edition is a nationwide competition carried out by the Amazon Conservation and Sustainable Development Institute (IDESAM) and other stakeholders, supported by Fundo Vale. This year, there were 67 entrants in 13 different Brazilian states. The top five ranked projects will receive cash prizes.

How can we help contain climate change through scalable solutions? This was one of the main subjects discussed at the 27th United Nations Climate Conference or COP 27. (“COP” stands for “Conference of the Parties.”) The latest edition of this event took place from November 6 to 18, 2022, in Sharm El Sheikh, Egypt. It was considered the most important and largest event ever held on the topic of climate change.

Fundo Vale’s impact management and measurement model, GIMPACT, has been gaining recognition in the impact sector. The model was presented as a case study in a guide called “Measuring the Impact of Climate – Small and Growing Businesses,” produced by the Aspen Network of Development Entrepreneurs (ANDE). Furthermore, Juliana Vilhena, Fundo Vale’s impact measurement leader, coordinated the “Impact Measurement Methodology and Trends” module for the Amazon at Home, Intact Forest movement, presenting the perspective of investors and funders. We also took part in the Seventh Assessment Agenda Meeting of the Group of Institutes, Foundations and Companies (GIFE), at which we shared our experience of working with Vox Capital on the development of impact management and measurement models.

Climate Ventures, in partnership with IPU, Fundo Vale, the Institute for Climate and Society and the Land Innovation Fund, held a free event in São Paulo on November 23, featuring a lot of networking and practical content, focusing on entrepreneurship and innovation. Fundo Vale took part in a panel discussion called “Climate impact calculator for forests and land use.”

Fundo Vale recently went on a field trip to Coruputuba Farm, during which members of the Aspen Network of Development Entrepreneurs (ANDE) could learn more and be inspired by the possibility of running pilot projects and scaling up agroforestry business models in the Paraíba Valley in southeastern Brazil.