On March 11, 2025, Ireland announced a €15 million donation to Brazil’s Amazon Fund, a significant move to support global efforts against deforestation in the world’s largest rainforest. This pledge, equivalent to $16.3 million USD, was revealed during a meeting in São Paulo between Brazil’s Environment Minister Marina Silva and Ireland’s Transportation Minister Sean Canney.

Ireland announced a €15 million donation to Brazil’s Amazon Fund, which is managed by Brazil’s development bank. Since its inception, the Amazon Fund has financed 123 projects and invested over 3.1 billion reais ($534.6 million) in sustainable development and conservation.

Details of Ireland’s Contribution

Ireland pledged €15 million ($16.3 million) on March 11, 2025, as confirmed by the Brazilian government. The donation was formalized during a São Paulo meeting between Marina Silva and Sean Canney, highlighting bilateral environmental ties.

Funds will support the Amazon Fund’s efforts to prevent deforestation, monitor illegal activities, and promote sustainable development in the Amazon region.

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The Amazon Fund’s Role and Impact

Established in 2008, the Amazon Fund is managed by Brazil’s National Development Bank (BNDES) to combat deforestation and foster sustainability. It has supported major projects, including reforestation, monitoring systems, and community initiatives.

Contributors include Norway (the most significant donor), Germany, the U.S., the UK, Denmark, Switzerland, and Japan, with Ireland now joining this coalition.

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Broader Context and Significance

The Amazon, critical for global carbon absorption, lost 11,568 km² to deforestation in 2022 alone, per Brazil’s INPE, necessitating urgent action.

This donation aligns with Ireland’s 2021 Climate Act goals to reduce emissions and support international climate finance. The pledge reflects growing international pressure on Brazil to curb deforestation, especially ahead of the 2025 COP30 climate summit in Belém, Brazil.

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