Hydro Sustainability Fund signs partnerships with USAID and PPA Solidarity to strengthen initiatives in the Amazon

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Among the objectives of the partnerships are support for socio-biodiversity and response to the pandemic

The Hydro Sustainability Fund (FSH) and the United States Agency for International Development (USAID) signed a Letter of Intent to promote sustainable development solutions in the Amazon, leading to improved well-being for local communities and better conservation of biodiversity Of region. The expectation is to extend the positive impact and efficiency of common initiatives, such as the promotion of new sustainable businesses, mobilizing integrated territorial alliances and supporting the governance of different levels of relationship with the private sector.

“Hydro is a partner committed to the territories in which it operates, hearing from communities what are the challenges and solutions for building better municipalities for their neighbors. Through the approximation with USAID, the intention is to expand the added value of new businesses, improving their organization, production and marketing ”, says Eduardo Figueiredo, director of FSH.

“USAID in Brazil has a long history of supporting sustainable initiatives in the Amazon. Our focus in the country is to form strategic partnerships, and in recent years we have been working together with the private sector to enhance these actions. So we are very happy with this new partnership with Hydro ”, said Ted Gehr, USAID's director in Brazil.

The Sustainability Fund expresses the commitment of its supporters Hydro, Alunorte and Albras in the long-term investment in knowledge, dialogue and technical training to improve the quality of life and sustainable initiatives in the Amazon. “We believe that it is possible to collaboratively achieve more effective development based on sustainable solutions for the region”, adds Eduardo Figueiredo.

Intersectoral partnership - The Hydro Sustainability Fund, an initiative of the companies Hydro, Albras and Alunorte, also celebrates its engagement in “PPA Solidariedade”, an intersectoral initiative that aims to strengthen the preparation and responses to emergencies related to Covid-19. This initiative involves eight companies and institutions, each with projects aimed at vulnerable populations in the Amazon. In the case of the project supported by FSH, the actions will be carried out in the municipality of Barcarena, with financing of R$2.5 million from the Fund and R$1.3 million from “PPA Solidariedade”, a platform under the management of USAID, NPI EXPAND, Plataforma Parceiros pela Amazônia (PPA) and SITAWI Finanças do Bem, totaling R$ 3.8 million.

In Barcarena, risk communication campaigns and community engagement will be carried out in the prevention of COVID-19, in line with state and municipal health guidelines. FSH, in partnership with the Sustainable Barcarena Initiative, will support initiatives already under development in the municipality: Ativa Barcarena, which will benefit local producers through the guarantee of purchase of family farming products; and the Todos pela Trabalho Network, contributing to income generation for seamstresses and artisans, will be increased with the production of non-medical face masks. Activities will be facilitated by the Peabiru and Synergia Institute.

Donations in the pandemic - Since the beginning of the pandemic, Hydro has donated R$ 15 million to prevent and combat COVID-19. This amount was allocated to the construction and maintenance of hospital beds in Pará, the purchase of thousands of basic baskets and hygiene products, in addition to medical items and equipment to the municipalities where it operates. The company has been working collaboratively, in constant dialogue with communities and state and municipal governments to identify priorities, following the guidelines of the World Health Organization (WHO). Prevention efforts and care for employees - own and contracted - in their plants are also maintained.

About Hydro Sustainability Fund

Non-profit organization created in 2019 to promote sustainable development and support community-based projects, based on the guidelines pointed out in the scope of Barcarena Sustainable Initiative. It finances projects that contribute to sustainable development, with investment lines based on real demands in the territory. The Fund is maintained by the companies Hydro, Albras and Alunorte, and has an investment commitment of R$100 million over 10 years.

About USAID

United States Agency for International Development (USAID) has a long history of cooperation in Brazil. Engagement with the private sector is a strategic international development approach in which USAID creates, implements and evaluates development initiatives with the private sector to expand its scale, sustainability and effectiveness of joint biodiversity conservation and sustainable development priorities in the region. In Brazil, USAID is part of the Partnership for Biodiversity Conservation in the Amazon (PCAB) - a bilateral agreement with the Brazilian government between 2014 and 2024, with a ceiling of $80 million.
Pcabhub.org

About PPA Solidarity

USAID, NPI Expand, the Partners for the Amazon Platform (PPA) and SITAWI Finanças do Bem have teamed up to create a partnership to help combat COVID-19 in Brazil. The “PPA Solidarity: Response to COVID-19 in the Amazon is an initiative that engages the private sector in strategic partnerships to leverage innovative and scalable solutions to strengthen the rapid response to emergencies and combating COVID-19. The initiative will work with civil society and private sector partners on four lines of action: Mobilize communication campaigns on risks and community engagement in mitigation and protection measures to address COVID-19 and empower vulnerable communities and / or isolated to protect against exposure and transmission of COVID-19; Promote measures to prevent and control infections by COVID-19 in health facilities and communities; Support the local health system (hospitals, health posts and community health units / services) to respond and control COVID-19 through health and surveillance services; Support entrepreneurs, small social impact businesses and startups, producer groups and cooperatives with small financial contributions, business advisory services and access to low interest loans or microcredit.