that the actions financed contribute to the general objective of a project or program and can be defined as a matrix in which, in an operational and organized way, strategic decisions about resource allocations to a project or program are inserted, explaining where it intends to reach (effects or

The Amazon under debate: opportunities, challenges and solutions- 2 -- 3 -The Amazon under debate: opportunities, challenges and solutionsRio de Janeiro, 2010- 4 -President Luciano CoutinhoVice-president Armando Mariante Carvalho JúniorDirector of the Venture Capital Divis

the municipal headquarters.The Amazon's Water Springs – Phase II project was implement- ed in the municipality of Alta Floresta. As the name implies, this is a second stage of a project, also financed by the Ama- zon Fund, carried out between 2011 and 2 013, when the work to strengthen municipal

of gas emissions from deforestation and forest degradation and covers only support for projects to be financed by the Fund in the 2009-2015 period. Donations after 2009 will be specified in additional terms proposed by the donor and will depend on the results of the efforts to reduce the annual

-controlled forests in many countries and that also results in improved local livelihoods, biodiversity conservation, and carbon storage. Forest carbon finance that recognizes the value of standing forests and the traditional steward- ship role of local indigenous peoples may be- come a powerful force