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Decree No. 8.773 amending the Amazon Fund established by the National Bank for Economic and Social Development - BNDES.

Country
Type of law
Regulation
Source

Abstract
This Decree amends the Amazon Fund established by the National Bank for Economic and Social Development - BNDES. Amended articles authorize to allocate the amount of donations received in kind, appropriate in a specific account called Amazonas Fund, for the realization of non-reimbursable investments in prevention, monitoring and combating deforestation and promoting conservation and sustainable use of the Amazon areas. It includes the following areas: economic activities developed from the sustainable use of vegetation. Measures taken must observe the guidelines of the Prevention and Control of Deforestation Plan in Legal Amazonas - PPCDAM, except for the provisions of § 1 of the National Strategy for Reducing Greenhouse Gas Emissions originated from Deforestation and Forest degradation, conservation of forestry carbon stocks, sustainable management of forests and increasing forestry carbon stocks - ENREDD +.
Date of text
Entry into force notes
This Decree enters into force on the day of its publication.
Repealed
No
Source language

English

Legislation Amendment
No
Original title
Decreto n. 8.773, de 11 de Maio de 2016.