During the Informal Meeting of Ministers of Economic and Financial Affairs of the European Union (ECOFIN), with the participation of ministers and representatives of the Amazon countries, European partners and international organizations, IDB presented its “Amazonia Forever” program, which focuses on fighting deforestation, the bioeconomy, people, cities, infrastructure and connectivity, and sustainable low-carbon agriculture and livestock. The participants agreed to strengthen cooperation for the conservation of the Amazon and the improvement of the inhabitants’ life quality.

The meeting was also attended by donors to the Amazon program and other representatives, including from the Amazon Cooperation Treaty Organization (ACTO), the Green Climate Fund (GCF), the World Bank, the European Commission, the European Bank of Investments and CAF – Development Bank of Latin America and the Caribbean. During the dialogue, the leaders shared their views and perspectives.

In this context, IDB’s President announced the creation of a digital platform of partners for the Amazon that will promote transparency, knowledge sharing and coordination of financing efforts by public, private and international donors.

A collaboration agreement was also signed between IDB and ACTO to jointly advocate for a more equitable and inclusive development of the Amazon, including environmental protection, the institutional strengthening of ACTO, the promotion of sustainable cities, the protection of water resources, and support for the development of science, technology, and innovation.