11 Jul '11, 5pm

First Trust Fund for Brazil’s Kayapó to Protect Vast Swath of Amazon Rainforest

First Trust Fund for Brazil’s Kayapó to Protect Vast Swath of Amazon Rainforest

Brasília, Brazil –The first trust fund exclusively dedicated to the long term support of the Kayapó indigenous peoples in the southeastern Amazon region of Brazil was created with at least US$8 million (R$12.5 million) to provide in grants, Conservation International announced today. Grants will be targeted at terrestrial monitoring and protection of Kayapó land, as well as the development of sustainable economic activities for the Kayapó people. These grants will benefit approximately 7,000 people in five indigenous territories, in an area which constitutes the largest block of tropical forest protected by a single indigenous group and is encircled by increasing deforestation. The Kayapó Fund will start operations with an initial donation of US$ 8 million, with US$ 4 million donated by Conservation International, including a large contribution through its Global Conservat...

Full article: http://www.conservation.org/newsroom/pressreleases/Pages/...

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