Mongabay: Summary: Brazil’s Amazon Fund to reduce deforestation distributes $40M to 5 NGOs Projects focus on monitoring, environmentally-responsible land use, forest protection, and payments for avoiding deforestation 20% of Amazon Fund will go towards monitoring of non-rainforest ecosystems and forests outside Brazil Brazil’s development bank BNDES has announced the first five recipients of grants under the South American country’s ambitious Amazon Fund, which aims to reduce deforestation by …