The JBS Fund receives an investment of over R$ 1.5 million to invest in the Amazon Biome.

Aviagen Latin America has become the latest partner of the JBS Fund for the Amazon. Over a three-year period, the company, which specializes in poultry genetics, will contribute over R$ 1.5 million to support the projects under the JBS Fund for the Amazon. The contribution will be split into three equal annual installments. "We are delighted to support such a vital array of projects for the Amazon. Each project facilitates sustainable growth for communities and businesses within the biome, prioritizing forest conservation," stated Ivan Pupo Lauandos, president of Aviagen Latin America. "Moreover, Aviagen has consistently embraced a balanced and responsible approach to poultry farming, with a strong focus on animal welfare and sustainability," he added. Joanita Maestri Karoleski, president of the JBS Fund for the Amazon, emphasized the importance of increased private sector involvement to enable the expansion of the bioeconomy and socio-economic inclusion in the Amazon region. "Our projects are uniquely diverse. We have the opportunity to transform various value chains operating in the forest towards sustainable development, and we strive to encourage more companies to join us," Joanita stated. Currently, the JBS Fund for the Amazon supports six projects in the Amazon Biome, including crop-livestock-forestry integration (ILP) initiatives, economic inclusion programs for communities through the açaí production chain, sustainable fishing projects in the pirarucu fishery, investments in a startup accelerator with projects in the Amazon, credit programs for small farmers in the value chains of nuts, açaí, fish, timber, oils, and resins, and R&D investment in partnership with Embrapa (Brazilian Agricultural Research Corporation). For more details on the projects, visit https://tinyurl.com/xuuek5pf. JBS, the world's second-largest food company, established the JBS Fund for the Amazon in 2020 to promote forest preservation and sustainable development in the region, as well as to improve the income and quality of life of the communities within the biome. The Fund, which is open to contributions and partnerships from private sector associations, the third sector, and multi-stakeholder groups, will receive an initial contribution of R$ 250 million from JBS over the first five years. The company also commits to matching its contribution with donations from third parties up to R$ 500 million. The goal is to increase the JBS Fund for the Amazon's resources to a total of R$ 1 billion by 2030.