6 Peculiaridades do Crédito Rural na Amazônia

The report identifies a rural credit market in the Amazon characterized by low competition, limited access for producers, and a heavy concentration on livestock, which is strongly linked to illegal deforestation. It highlights that agricultural activity in the region is less entrepreneurial than in the rest of Brazil, with a predominance of public banks and a historical reliance on the Fundo Constitucional do Norte (FNO), though private resources like Letras de Crédito Agrícola (LCA) are increasing. The authors argue that aligning credit access with compliance with the Forest Code and utilizing tools like the Central Bank's Bureau Verde are essential to incentivize sustainable land use.

• Rural credit in the Amazon is disproportionately directed toward livestock compared to the rest of Brazil; in the 2019/20 agricultural year, 57% of the value of credit operations in the Amazon biome went to livestock, whereas only 32% of the national volume financed this activity.
• Producers in the Amazon face greater restrictions in accessing rural credit than those in other Brazilian biomes. While the Amazon accounted for 13% of Brazilian rural producers according to the 2017 Agricultural Census, credit operations in the biome represented only 7.2% of total Brazilian rural credit in the 2016/17 agricultural year.
• Agricultural activity in the Amazon is significantly less entrepreneurial than in other regions of Brazil. In the 2019/20 agricultural year, credit taken by legal entities (companies) in the biome was only 4.8% of the regional total, compared to 26% in the rest of the country.
• The rural credit market in the Amazon suffers from low competition and a heavy reliance on public institutions. In 78% of the region's municipalities, the primary source of rural credit was either Banco do Brasil or Banco da Amazônia.
• The Fundo Constitucional do Norte (FNO) has historically been the primary funding source for the region, though its share decreased from 49% in 2000/01 to 17% in 2019/20. Meanwhile, private investments via Letras de Crédito Agrícola (LCA) grew to 12% of the biome's resources by 2019/20, though this growth was slower than in the rest of Brazil (16%).
• The Pronaf program is more relevant in the Amazon than the Pronamp program. In 2019/20, Pronaf operations accounted for 17% of the credit volume in the Amazon, while Pronamp accounted for 10%. This is partly because larger fiscal modules in the North allow producers with relatively larger properties to qualify for Pronaf.

APA

Souza, P., Campos, G., Herschmann, S., Vogt, P., & Assunção, J. (2021). 6 Peculiaridades do Crédito Rural na Amazônia. Climate Policy Initiative. https://www.climatepolicyinitiative.org/wp-content/uploads/2021/05/Destaque-6-Peculiaridades-do-Credito-Rural-na-Amazonia.pdf

Chicago

Souza, Priscila, Gabriel Campos, Stela Herschmann, Pedro Vogt, and Juliano Assunção. 6 Peculiaridades do Crédito Rural na Amazônia. Climate Policy Initiative, 2021. https://www.climatepolicyinitiative.org/wp-content/uploads/2021/05/Destaque-6-Peculiaridades-do-Credito-Rural-na-Amazonia.pdf.

Wikipedia

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BibTeX

@techreport{souza2021peculiaridades, author = {Souza, Priscila and Campos, Gabriel and Herschmann, Stela and Vogt, Pedro and Assunção, Juliano}, title = {{6 Peculiaridades do Crédito Rural na Amazônia}}, institution = {Climate Policy Initiative}, year = {2021}, month = may, url = {https://www.climatepolicyinitiative.org/wp-content/uploads/2021/05/Destaque-6-Peculiaridades-do-Credito-Rural-na-Amazonia.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }