With a R$ 200 million contribution via the Climate Fund, BNDES is driving a large-scale project to recover degraded areas in Pará, combining forestry technology with the creation of green jobs.
The commitment to Brazil’s sustainability agenda has gained a new chapter this week. The BNDES has officially approved the release of R$ 200 million to facilitate an ambitious reforestation project in the Amazon, led by the Mombak group.
The initiative, which has a total projected investment of R$ 457 million, focuses on the environmental recovery of 7,200 hectares of degraded land located in the state of Pará.
This financial operation, structured with a 25-year amortization period, reinforces the state-owned bank’s strategy of allocating Climate Fund resources to ventures that balance environmental preservation with regional economic development.
In total, the partnership plans to restore a vital ecosystem through rigorous techniques and meticulous technical planning.
Regeneration strategies and socio-environmental impact
The implementation schedule is set to span the next four years. A mixed methodology will be applied: while 90% of the area will receive active seedling planting and direct seeding techniques, the remainder will undergo assisted natural regeneration, allowing the forest to regain its biological complexity in a coordinated manner.
The selection of species is a highlight of the project, prioritizing native trees of high ecological and economic value, such as Brazil nut, ipe, samauma, paricá, angelim-vermelho, and Brazilian mahogany. This botanical diversity is essential to ensure the long-term resilience of the restored area.
The combination of technical expertise in forest restoration and strategic financial support allows not only for the recovery of vegetation cover but also for the creation of a valuable environmental asset for the global market.
the project’s operational plan highlights.
Carbon and income generation
Beyond the ecological gains, the project has a strong focus on the sustainable assets market. It is expected that, once the vegetation is consolidated, up to 4.7 million carbon removal credit units will be generated.
These assets can be traded on both voluntary and regulated markets, attracting investors interested in nature-based solutions.
The socio-economic impact is also significant for local communities. It is estimated that 440 direct and 65 indirect jobs will be created during the implementation phase, ensuring the maintenance of 50 permanent positions after the initial cycle.
This is the second contribution from BNDES to the Mombak group. With this new move, the bank has now accumulated a total investment of R$ 360 million, which already accounts for the recovery of more than 20,000 hectares of forest, consolidating one of the largest ongoing forest restoration efforts in the Amazon biome.