FUNDO VALE 2023
PERFORMANCE REPORT
2023
Fundo Vale has published impact reports since 2020, seeking out the best means of presenting the scope of initiatives implemented. In 2023, these reports came to be published biannually in order to offer greater insight into the impact of operations during the period. Beginning in 2023, a summary of progress for the year will be presented on this website between the publishing of each Impact Report, offering a general overview of results and initiatives receiving support and/or currently under development.
The information presented refers to the contributions of the initiatives that participated in the process of collecting self-reported data in 2024 to the Theory of Change of Fundo Vale.
In partnership with BNDES, Energisa, and Norte Energia, the Floresta Viva call for proposals for restoration in the Xingu basin (PA) was launched, making R$ 26.4 million available to support civil society projects, covering approximately one thousand hectares.
Another initiative is the support for broadband internet access in 356 remote traditional communities in the region (benefiting approximately 30 thousand people), together with a network of more than 30 partners.
Additionally, Fundo Vale participates in various networks and coalitions in its areas of action.
Fundo Vale also supported Vale's Social Ambition. In 2023, the concept test began in a forest area, in Rio Gregório (AM), with the application of the family recognition questionnaire.
Accumulated Results
As of 2023
R$
360
M+
in financing
0
social and environmental impact businesses receiving support
0
hectares in areas
recovered
through means
of sustainable systems
0
initiatives
receiving support
+
0
partners
Results
2023
R$
0 M
in financing
0 %
increase compared
to 2022
0
Amazon networks and alliances we are part of
0
initiatives supported throughout the year
impacted by the
initiatives
commercialized by the
supported businesses
individuals directly or indirectly impacted by supported businesses and initiatives
social and environmental impact businesses supported, six of which receive both financial and non-financial support directly from Fundo Vale
Programs
STRATEGIC PILLARS
Catalytic Capital for NatureFundo Vale supports the creation and implementation of disruptive financial mechanisms, seeking to establish innovative solutions capable of unlocking capital within markets. These efforts offer scalability and sustainability in socio-environmental financing. Fundo Vale's priority strategy involves catalyzing Blended Finance, in which resources obtained from several different sources are combined in order to increase the flow of capital in initiatives focusing on land use, forests, and climate.
Forest Goal
2023
FOREST GOAL
2030
BY VALE
We continue to make significant progress in reaching Vale's 2030 Forest Goal, dedicating ourselves to the preservation and recovery of areas in line with the UN's 2030 Agenda. Results for 2023 are presented below.
KEY RESULTS ACHIEVED IN 2023
Recovery of forested areas
in investments
in non-financial support
Production
systems
+
0
hectares*
implemented
across
three biomes
Amazon 0 %
Cerrado savannah 0 %
Atlantic Rainforest 0 %
2,200 hectares
with Assisted Forest Regeneration
2,199 hectares
established under Integrated Farming-Livestock Rearing (ILPF) system
736 hectares
with Agroforestry System (SAF)
86 hectares
in Diversified Silviculture
0
different species of trees implemented
75% of which are native to Brazilwhen compared to previous years
0
businesses
receiving support
0
of these businesses
currently in
Proofs of
Concept (PoCs)**
equivalent to 32,380 tCO2e
between 2020 and 2022***
Businesses:
• Portfolio
- Belterra
- Caaporã
• PoC
- CAMTA
- Courageous Land
- Futuro Florestal
- Radix
• Application in a forest fund with Vale resources
Partners:
• Embrapa
• Fruto Agrointeligência
• Horus BI
• Imaflora
• JGIM
• Move Social
• Palladium
• Provalia
* Results validated using georeferenced information and satellite images through means of an external audit
** Of the 5,221 hectares implemented, 129 are the result of the work of PoC businesses in the Amazon and Atlantic Forest biomes
*** Estimated or calculated based on self-reported information from businesses supported under Forest Goal
indirectly impacted
through the implementation
of sustainable systems and hectares
in sustainable cultivation of cocoa
INITIATIVES
- Cocoa 2030 - Training in SAFs for workers in expanded rural areas and Implementation of Demonstration Units | Imaflora
- INPACTO Social Vulnerability Index within Cocoa Production Chain (IVI Cocoa) | InPacto
- Agroforestry Systems for the Mitigation of Climate Change and Hunger | Brazilian Agricultural Research Corporation - Embrapa
Amazon and Bioeconomy
AMAZON AND
BIOECONOMY
In 2023, we built and improved partnerships to foster socio-environmental impact businesses and strengthen sociobioeconomic production chains. We also supported structuring initiatives for the region in the areas of deforestation monitoring, connectivity and land-use planning. See the results achieved throughout the year.
individuals impacted
through means of
supported programs
Mobilized
+R$ 0 million
for access to credit through supported initiatives
Initiatives that provided data stated that they consider 100% of funds received from other investors prior to or after the start initiatives to have been further leveraged through relationships established with Fundo Vale.
0
value chains impacted
Brazil nut, açaí, cocoa, coffee, among others
The programs supported have indirectly contributed to the preservation of
+ 0 million
hectares in Brazil
0 h
in training courses offered under programs
Strategies offered
under support initiatives
Ideation
(Idea + Validation of idea + Prototype)
Mentorship, Technical Assistance and Consulting
Structuring
(Pilot + MVP + Business Organization)
Acceleration, Mentorship and Consulting
Growth
(Traction + Pre-Scaling)
Networks and Acceleration
Expansion
(Scale)
Networks and Consulting
Initiatives and partnerships
• AMAZ - Impact Accelerator | Idesam
• Amazon at Home, Forest Standing | Climate Ventures and Idesam
• Amazon Journey | CERTI Foundation
• Amazon social and bioeconomy | Conexsus
• Bioeconomy Pará | CERTI Foundation
• Climate Impact Calculator | Climate Ventures
• Entrepreneurship Amazônia | Bridge for Billions and The United Nations Environment Programme - UNEP
• Eradication of poverty in Amazonas | Sustainable Amazon Foundation - FAS
• Floresta Viva ('Living Forest') | Brazilian Development Bank - BNDES
• Forest Peoples Connection | Forest Peoples Connection Institute
• Green Wave Platform | Climate Ventures
• Latimpacto | Latimpacto
• Strengthening of production chains in protected areas | Association of Residents of the Rio Iriri Extractive Reserve - AMORERI, Association of Rural Producers of Carauari - ASPROC, Idesam, Tropical Forest Institute - IFT, Mamirauá Institute, Operation Native Amazon - OPAN
• PrevisIA - Artificial Intelligence for the prevention of deforestation | Amazon Institute of People and the Environment - Imazon
Sponsored Initiatives
• 2021/22 Brazilian Impact Investment Report | Aspen Network of Development Entrepreneurs - ANDE
• 2023 Impact Business Map and Guide 2.5 | Quintessa e Pipe Social
• Celebration of Sitawi's 15 years of operations | Sitawi
• Expo Amazônia Bio&TIC | Polo Digital Manaus
• Impact Minds: Standing Together | Latimpacto
• Metrics from the Ground Up Conference | ANDE
• Mission-Oriented Innovation Forum | World-Transforming Technologies - WTT
• Reset Conecta Event | Capital Reset
• National Congress for the National Council of Extractivist Populations | National Council of Extractive Populations - CNS
• Updating of the Amazon 2023 Social Progress Index | Amazon Institute of People and the Environment - Imazon
Networks and collaborative spaces
Fundo Vale recognizes the key role that networking and coordination play in expanding the scale of business activities.
Objective: Strengthen sector networks and actively participate in collaborative spaces in order to expand knowledge, networking, and promote the dissemination of knowledge, training and exchange of experiences.
Participation within networks:
• Amazon Concertation
• Amazon Investor Coalition
• Amazon Restoration Alliance
• ANDE | Aspen Network of Development Entrepreneurs
• Climate, Forest and Agriculture Coalition Brazil
• GIFE | Group of Latimpact Institutes, Foundations and Companies
• Latimpacto
• PPA | Partners for the Amazon
• Amazon Concertation
Catalytic Capital for Nature
Catalytic Capital
for Nature
In 2023, Fundo Vale actively invested in and unlocked
financial resources in a manner aligned
with our purpose of creating and strengthening
innovative investment arrangements and instruments.
The results of these efforts can be found below.
41
impact businesses supported
through initiatives
29,700+
individuals impacted,
directly or indirectly,
through supported initiatives
0
value chains impacted
Açaí, Brazil Nut, Macaúba, Latex and Rubber, Cocoa, among others
As part of initiatives supported under Fundo Vale's programs,
140+
thousand hectares of forested areas have been preserved or recovered
100 %
of amounts leveraged under initiatives reported prior to or after the start of initiatives were obtained through the support of relationships established with Fundo Vale
Support for the development of three types of financial
instruments
, which helped mobilize access to
+ R$ 0,0 million
in credit through these instruments
Initiatives
AMAZ - Impact Accelerator | Idesam
Amazon Social and Bioeconomy | Conexsus
INNOVATION
Cubo
OBJECTIVE: Connect actors from a range of different sectors in order to drive positive social and environmental impact agendas, particularly with regards to Forests & Climate.
RESULTS:
• Connection with 39 different startups, 22 corporations and entities and 2 investment funds
• 19 events either held by Fundo Vale itself or held in partnership with other organizations
Forest and Climate-Related Challenges | Carbon Edition
Programa de aceleração de startups com soluções para o ecossistema de crédito de carbono florestal, em parceria com a Quintessa.
OBJECTIVE: Leverage development of high-potential solutions within the agroforestry carbon ecosystem and connect them to relevant market actors.
RESULTS:
•
239 businesses registered
•
5 startups benefiting
from mentorships, training, management support and connections in order to leverage business activities and results over a 6-month period
•
Partnerships with 6 relevant companies
within innovation and carbon ecosystems
• Mapping of challenges within the forest carbon credit generation chain
•
87 startup connections
with actors within the carbon and innovation ecosystem
•
7 Proofs of Concept (PoCs)
or Pilot Projects generated between startups and corporations