US$1.2 million allocated for conservation of the Amazon

US$1.2 million allocated for conservation of the Amazon

The Ministry of the Environment of Peru (Minam) will allocate more than US$1.2 million, approximately S/4.5 million, to 13 native Amazonian communities of Loreto, San Martín and Madre de Dios in order to strengthen forest conservation and improve the quality of life of the citizens of that area.

The measure is implemented through the Forests Program and aims benefit 10,000 families from about 150 communities that maintain current agreements with said Minam program.

“This act is an important milestone. The resources are being given directly to them so that they can implement their businesses,” said Albina Ruiz, Minister of the Environment.

In detail, the communities will promote, starting in January 2024 and for a period of 18 months, sustainable ventures based on the use of wood, plantations, agroforestry and the promotion of community rural tourism.

In that sense, it is established that each locality will receive up to S/370,000 and “trust accounts” will be generated to finance the business and have more control and transparency in the use of funds.

It should be noted that this initiative is part of the projects of public investment that seek to finance a total of 75 business plans in native communities and 70 in small forest users, with a total investment of S/53.4 million.

Keys

  • Resources. Minam announced a 20% increase in economic incentives for native and peasant communities that conserve forests.
  • Incentive. A commission has been created for the ‘Sustainable Amazon with a human face’ strategy.

Source: Larepublica

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