Federal Government announces access to financing for producers affected by fires

Agriculture Minister Carlos Fávaro recently announced access to credit from the 24/25 Harvest Plan for producers impacted by fires in several Brazilian states, especially in the Central-West, Southeast, North and Paraná regions. The Sustainable Agricultural Production Systems Financing Program (RenovAgro) will allow these producers to have a two-year grace period and a ten-year term to pay.

The government has made R$7,6 billion available for the current harvest, of which R$1,2 billion has already been released. The remaining R$6,5 billion will be allocated to those who suffered from the fires. The initiative aims to recover degraded areas and will encourage production on affected land.

“We already have a renewable line, where resources are basically being invested in the recovery of degraded pastures, so that they can once again become productive areas. In the case of a fire, this is also a factor that degrades the soil, burning all the existing organic matter, altering the composition of the soil and requiring investments. Therefore, we will authorize these producers to access this line of credit,” explained the minister.

The Secretary of Agricultural Policy at MAPA, Guilherme Campos, stated that the measure supports producers and covers areas such as sugarcane fields, pastures, fruit, coffee and rubber trees. To access the credit, it will be necessary to present a technical report, satellite images of before and after the fires, and a detailed statement exempting the farmer from liability for environmental crimes.