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The objective of the JBS Fund for the Amazon is to combine conservation and restoration of the forest, the well-being of the communities, wealth generation, promoting applied research and technological development while respecting the environment at all times.
The Fund, which is open to contributions and partnerships with associations from the private sector, the third sector and multi-stakeholder groups, will receive contributions of R$ 250 million from JBS in the first five years to ensure that the activities get under way and the setting-up of the approved initiatives.
JBS has also committed to meet to equaling its contributions to the donations by third parties until the company’s contribution reaches R$ 500 million. The target is for the fund to reach a total of R$ 1 billion in resources by 2030, with the engagement of the stakeholders..