Fundação Renova

The Foundation

The Renova Foundation is the entity responsible for the mobilization of the reparation of the damages caused by the collapse of the Fundao dam in Mariana (MG). It’s a non-profit organization, the result of a legal commitment called Transaction and Conduct Adjustment Term (TTAC). It defines the scope of action of the Renova Foundation, which are the 42 programs that unfold in the many projects that are being implemented in the 670 kilometers of impacted area along the Doce river and its tributaries. The ongoing actions are long-term and expected to take up to 10 years.

By establishing an organization dedicated exclusively to the reparation process, a robust governance model was also created, with more than 70 participating entities. The answers to each challenge are obtained together, and no party involved has control over the decision.

The Renova Foundation brings together technicians and specialists from different areas of knowledge, dozens of environmental entities and scientific knowledge from Brazil and other part of the world, totaling around 6 thousand people (among its own employees and partners) working in the reparation process, from Mariana to the Doce river mouth.

CHECK THE REPAIR DATA

COMPLEMENTARY DOCUMENTS

Financial Statements 2020

Financial Statements 2019

Financial Statements 2018

Financial Statements 2017

Disbursement for repair and compensation actions

R$12.22
BILLION

THERE ARE NO RESTRICTIONS TO THE BUDGET
FOR REPAIR ACTIONS SET FORTH IN THE TTAC.

R$5.86
BILLION

billion is the budget foreseen for 2021

R$3.49
BILLION

budget provided for 2020.

R$2.72
BILLION

implemented budget in 2019.


Amounts paid

INDEMNITY

R$1.91
BILLION

Water Damage, General Damage and
Simplified Indemnity System

R$1.55
BILLION

Emergency Financial Aid
 

R$200,3 MILLION of ISS (services tax) was generated for the municipalities of the impacted area

* Information updated until February 2021.

THE DAM COLLAPSE

The Fundao dam collapse in Mariana (MG) occurred on November 5, 2015, when approximately 39.2 million cubic meters of tailings reached the Gualaxo do Norte river in Mariana, from where it flowed into the Doce river and continued to the river mouth.

Along the way, the mud caused the death of 19 people and a series of impacts, specific in each stretch where it passed, in 39 municipalities from Minas Gerais to Espirito Santo, along 670 kilometers.

In addition to the serious environmental impacts, the Mariana disaster has resulted in social and economic damages, and the social component stands out as the driving force behind the challenges that the reparation process must overcome.

To learn more about the collapse, click here.

Areas affected by the collapse of the Fundão dam on November 5, 2015.

Areas affected by the collapse of the Fundão dam on November 5, 2015.