The Government of Ecuador, through the Ministry of Environment and Energy (MAE), has approved the Grants Manual for the Amazon Biocorridor Fund. This decision by the Fund’s Board enables the operational phase of the Amazon Biocorridor Program to begin, advancing efforts to protect Ecuador’s Amazon region.
The newly approved manual sets out clear and uniform rules for calls for proposals targeting both public and private sector projects. These initiatives will focus on biodiversity conservation, sustainable development, and strengthening Amazonian communities. The document also outlines simplified procedures for submitting proposals, accountability measures, and responsible project execution.
Established in November 2024 as a non-profit entity, the Amazon Biocorridor Fund manages resources from a debt-for-nature swap. This financial mechanism was developed through a partnership between Ecuador, The Nature Conservancy (TNC), the U.S. International Development Finance Corporation (DFC), and the Inter-American Development Bank (IDB). Through this arrangement, $460 million will be allocated over 17 years to support conservation in the Amazon and establish an endowment fund for long-term sustainable financing.
The Amazon Biocorridor Program aims to protect terrestrial and freshwater ecosystems in the region while promoting local community well-being and development that aligns with environmental preservation.
With this approval, Ecuador is making progress in implementing its strategic initiative for Amazon protection and reaffirming its commitment to conservation efforts in the region. “With the approval of the Grants Manual, Ecuador consolidates key advances in implementing this strategic initiative and reaffirms its commitment to protecting the Amazon, positioning itself as a regional leader in innovative environmental finance mechanisms,” according to an official statement.
