Brazil is tapping $100 million in grant and near-zero interest financing from the FIP to promote sustainable management and use of previously anthropized savannah woods areas, to maintain carbon stocks and reduce GHG emissions, and to improve the collection and management of
information on the Cerrado biome. Brazil's Forest Investment Plan consists of 6 projects, plus a $3M loan for a private sector project and a $6.5M grant for the Dedicated Grant Mechanism project benefiting Indigenous People and Local Communities.
In order to strengthen the Brazilian Federal Government capacity to coordinate the Brazil Investment Plan projects, the FIP approved a $1M grant for the FIP Coordination project. The objective of the coordination project is to strengthen supervision, planning, monitoring, evaluation, and reporting on the implementation of all FIP projects in the country. You can find more information and updates in the FIP Brazil newsletter, here.
On June 21st, 2018 the Ministry of Environment, in a partnership with the Ministry of Science, Technology, Innovation and Communications and the National Institute of Space Research, released the deforestation results of the Cerrado biome, for the period from 2010 up to 2017.
The results for 2016 and 2017 are one of the outputs of the FIP Monitoring project. The deforested area in the biome corresponds to 6,777 km2 and 7,408 km2, respectively, representing a reduction of 43% and 38%, both in relation to 2015.
Read more here