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Governors of Brazil's Legal Amazon to Increase Collaboration and Develop Investment Plans with IDB Support

BELÉM, Brazil – The Governors of the Brazilian Interstate Consortium for the Sustainable Development of the Legal Amazon will increase their collaboration as part of the Inter-American Development Bank's regional program, Amazonia Forever.

After a high-level dialogue with the Minister of Planning and Budget and Governor of the Inter-American Development Bank (IDB), Simone Tebet, IDB President Ilan Goldfajn, and President of the Legal Amazon Consortium, the Governor of the State of Pará, Helder Barbalho, signed a letter of intent to explore channeling financial resources and technical cooperation to support projects that promote the integrated sustainable development of the Brazilian Legal Amazon, in line with an Action Plan to be jointly developed.

The governors of Brazil's Amazon states will explore new financial instruments, prepare coordinated investment plans, and establish a joint agenda for cross-border initiatives, prioritizing areas such as sustainable infrastructure and land tenure regularization. The announcement took place within the framework of the Amazon Presidential Summit.

“Without adequate funding, we will not be able to achieve the conservation and development goals the world needs, which is why this cooperation with the IDB is important for the states of the Legal Amazon, so that we can continue to implement policies and protect our green heritage, with respect to biodiversity. Therefore, there is no doubt that this movement is important for Pará and for the region, to guarantee conditions to strengthen our actions, which are diverse,” said the governor of the State of Pará and President of the Interstate Consortium for Sustainable Development of the Legal Amazon, Helder Barbalho.

“We are honored to work closely with the Brazilian Amazonian states in pursuit of sustainable development. Increasing collaboration is critical to generating more impact, and we are ready to help the Amazon region reach a new level of sustainable development by expanding financing, strengthen the planning and execution of projects, and supporting coordination both among Brazilian states and with other countries in the region,” said IDB President Ilan Goldfajn.

The Legal Amazon comprises the states of Acre, Amapá, Amazonas, Maranhão, Mato Grosso, Pará, Rondônia, Roraima, and Tocantins. It is home to 28 million people and 67% of the world's tropical forests.

Amazonia Forever

Amazonia Forever is a holistic umbrella program that aims to protect biodiversity and accelerate sustainable development through three lines of action: expanding funding, boosting knowledge exchange and facilitating regional coordination among the eight Amazonian countries.

The program is based on five pillars: (i) combating deforestation and strengthening environmental control and security in the context of national governments; (ii) the bioeconomy, promoting alternative and sustainable economic activities; (iii) people, aiming for adequate access to quality education, healthcare and employment; (iv) sustainable cities and infrastructure and connectivity; and (v) sustainable, low-carbon agriculture, livestock and forestry. In addition, the program focuses on promoting the inclusion of women, indigenous peoples, people of African descent and local communities; climate and forest conservation; and strengthening institutional capacities and the rule of law.

About the IDB

The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research projects and provides policy advice, technical assistance, and training to public- and private-sector clients throughout the region. Take our virtual tour.

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Borges De Padua Goulart Janaina

Borges De Padua Goulart Janaina
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