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SÃO PAULO – The Renova Foundation, created in 2016 to implement actions of repair and repair of the damage caused by the tragedy of the collapse of the dam of Samarco in Minas Gerais, sent a periodic update note of its 42 programs, according to the needs identified by the technical chambers and the Curator's Council.
"Projects may require more or less resources than originally planned, and adjustments are made as deployment unfolds," says the note in response. at the announcement of Vale's additional provision of R $ 1.5 billion in program review and demand for expenses
The Renova Foundation was created with resources from Vale and BHP Biliton, Samarco's parent companies, to compensate for and repair the damage caused by the country's biggest environmental disaster.
Vale's total provision for Renova has so far reached 5.2 billion 12 years The previous provision was 3.7 billion reais. Vale has already disbursed R $ 1.1 billion of the amounts provisioned
Renova's note indicates that in June, R $ 4 billion was disbursed in the programs. "It is important to note that for remedial activities, there is no cap: as long as the action is planned in the TTAC, it must be done," reinforces the note relating to the term of Transaction and Adjustment of Conduct signed between Samarco shareholder support), the Union and the governments of Espírito Santo and Minas Gerais in March 2016.
Up to now, Renova has already paid R $ 1 billion in compensation and financial badistance, placed R $ 500 million for treatment of affected municipalities, completed 1,718 infrastructure works. Renova has installed 230 marine biodiversity monitoring points on the section between Guarapari and Porto Seguro and has 92 data collection points to monitor the quality of the Doce River. There are 22 automatic stations that evaluate 80 indicators.
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