To provide strategic resources for biodiversity conservation
The Brazilian Biodiversity Fund (Funbio) is a registered non-profit civil association. It started operating in 1996 as an innovative financial mechanism for the development of strategies that contribute to the implementation of the UN Convention on Biological Diversity in Brazil. Throughout its 20-year existence, Funbio has been a strategic partner for the private sector, different state and federal authorities, and organized civil society. Thanks to these partnerships, it has been possible for the companies involved to make social investments, and reduce and mitigate their impacts, while also fulfilling their legal obligations. In the public sphere, they serve to consolidate conservation policies and enable environmental funding programs.
In 20 years, we have:
- Managed US$ 600 million in assets*
- Supported 270 projects from 232 different organizations
- Supported 311 protected areas (all categories of protected area), 67 million hectares under protection
*This is the sum of all the contracts Funbio has signed since it started operating, converting them to dollars based on the rate from the last day of the month in which they were signed. The values of the contracts signed in dollars have been maintained.
Funbio has been organized into three separate units:
- National and International Donations Unit
- Legal Obligations Unit
- Special Projects Unit
National and International Donations Unit
The unit manages projects financed with private donations and through bi and multilateral agreements with the Brazilian government. Among the projects managed in 2015 were: the Amazon Region Protected Areas Programme (Arpa), the world’s largest forest-protection initiative, with the aim of extending some form of protection to 60 million hectares of the Brazilian Amazon (15% of the total); The Tropical Forest Conservation Act (TFCA), a bilateral agreement between the USA and Brazil which has earmarked US$ 20,8 million for conservation projects; the Coastal and Marine Protected Areas Project, designed to increase the total area of the Brazilian coastline under some form of protection from 1.5% to 5%; and the Kayapó Fund, a donations-based endowment fund set up to assist Kayapó organisations managing the Indigenous homelands.
Legal Obligations Unit
This unit manages projects financed through legal obligations, such as environmental compensation, offset measures, converted fines, covenants and environmental permits formalised through criminal sanctions or Terms of Agreement. Among the initiatives managed are the Biodiversity Conservation Mechanism for the State of Rio de Janeiro – FMA/RJ, which executes funds obtained as environmental compensation in the state’s 48 Protected Areas, and two research projects financed with the proceeds from criminal sanctions brought against Chevron Brasil by the Public Prosecutor’s Office and mediated by the National Petroleum Agency (ANP), the Brazilian Institute for the Environment and Renewable Natural Resources (Ibama) and the Brazilian Fauna Portfolio.
Special Projects Unit
This area assesses financial environments and designs financial mechanisms and instruments to facilitate access to new sources of funding, limited or otherwise, for conservation projects. Among the projects managed in 2015 were A Commitment to the Amazon – Arpa for Life, which conducted financial environment studies to help Protected Areas in Amapá, Rondônia, Amazonas and Pará reach their targets of 100% state-funding once Arpa has run its course; and Knowledge for Action – Project K, a joint undertaking with the Latin-American and Caribbean Network of Environmental Funds (RedLAC) and the Consortium of African Funds for the Environment (CAFE), which supports the design of innovative financial mechanisms to strengthen 38 environmental funds across 31 member nations.