Sitawi becomes manager of the Philanthropic Fund of the Plataforma Parceiros pela Amazônia (PPA)

THE Sitawi Finanças do Bem, a long-time member of the PPA, will now manage the Philanthropic Fund of Plataforma Parceiros pela Amazônia (PPA). The Fund will receive contributions in the form of donations from partners in the initiative to enable partnerships and projects within the scope of the objectives and mission of the PPA. The PPA Fund Manager is an organization contracted, after selection by public notice, which involved several companies, to manage these resources. THE Sitawi was selected for its expertise in social finance and good governance.

“PPA grew and it was time to add a fund manager to strengthen and support a more mature platform. We are happy that the Sitawi was selected in the public notice for Philanthropic Fund Manager, as the organization has followed the PPA since the beginning and brings incredible value to the Partnership, not only for its experience, but for the shared vision of the PPA”, celebrated Anna Tonnes, director of media. USAID/Brazil environment.

The contract was signed via the International Biodiversity Alliance and the International Center for Tropical Agriculture (CIAT), USAID's strategic partner in implementing the PPA. “Collaborative action and inter-agency partnerships are critical to addressing challenges in protecting Amazonian biodiversity. The fund manager is a central part of the collaboration strategy and will help increase PPA shares,” said Jesus Quintana, Americas director of the Alliance. Partnership and collaboration are at the heart of the PPA, and the new role of Sitawi will contribute in that direction. “This agreement is not only a symbol of our cooperation, but also highlights the ability to bring together complementary institutions for a common goal”, explained Augusto Corrêa, Executive Secretary of the PPA.

One of the reasons for Sitawi having been chosen is its history of partnership with different actors in promoting sustainable development. Tomaz Solberg, member of the board of Sitawi, added: “In Sitawi, we believe that social and environmental issues are so challenging that it is not possible to solve them alone. We need multiple partners, people with diverse backgrounds and different perspectives who can work together, we need partnerships. We know that by joining forces we can do more.”

Text originally published on PPA website.

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