(Reuters) - Brazil's National Development Bank (BNDES) has approved 318 million reais ($65 million) from the $1.3 billion Amazon Fund to set up a security project fighting deforestation and other environmental crimes in the rainforest, a senior official said.
It represents the first major law enforcement effort by the Amazon Fund, backed by four nations and managed by the BNDES, which agreed last month to back the project designed by the justice ministry and run by Brazil's Federal Police.
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