Petrobras on Public Selection of Socio-Environmental Projects

Source: www.gulfoilandgas.com 2/8/2023, Location: South America

Petrobras informs that it has opened registrations for the public selection of the 2023 Petrobras Socio-environmental program, which will invest R$ 432 million in more than 50 projects, the largest amount ever invested in a public selection of Petrobras' socio-environmental projects.

In the first stage of the selection process, which is starting now, the company will invest R$ 162 million in social and environmental initiatives in the North, Northeast, Center-West, and South regions - and the estimate is to contract more than 20 projects that will develop their activities over a three-year period. In the North and Northeast, the public notice includes the areas neighboring the operations of the so-called Equatorial Margin, the country's new oil and gas exploration and production frontier, located between the states of Amapá and Rio Grande do Norte. And, in the second half of the year, the second stage will be announced.

The public notice covers all the action lines of the Petrobras Socio-environmental Program: Forests, Ocean, Education, and Sustainable Economic Development, and the priority audiences are indigenous peoples, traditional communities, fishermen, women, blacks, children, people with disabilities, and LGBTQIA+.

In addition to the action lines, the program includes three cross-cutting themes: Early Childhood, Human Rights, and Innovation. The projects must also present their contributions to the achievement of goals established in the following UN Sustainable Development Goals: 4 (Quality Education), 8 (Decent Work and Economic Growth), 14 (Life below water), and 15 (Life on land), which are part of the 2030 Agenda. Its purpose is to fight poverty and inequality, ensuring respect for human rights, contributing to the conservation of the environment, the increase of biodiversity, and the confrontation and adaptation to climate change.

The investment amounts are already incorporated in the 2023-2027 Strategic Plan, approved by the Board of Directors.


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