Fundação Renova

INDEMNITIES AND EMERGENCY FINANCIAL AID EXCEEDS R$ 4 BILLION

Published in: 07/21/2021

Indemnities

 A 25% increase in the amount disbursed by the Renova Foundation in 2021

Around 323,000 people in Minas Gerais and Espirito Santo received indemnity payments for material and moral damages, loss of profits, and Emergency Financial Aid until April of this year. Until December 2020, R$ 3.26 billion were paid and, from January to April 2021, the amount reached R$ 4.09 billion, an increase of 25% in the total amount paid, which represents approximately R$ 830 million.

PROGRAMS

The Mediated Indemnity Program (PIM) is intended for payments for proven damages in economic activities. The indemnity is calculated on an individual basis and takes into account the particularities of the cases. Until April, around R$ 1.13 billion were paid in General Damages to more than 10,400 affected people. 

On the other hand, Emergency Financial Aid (AFE) is paid to those affected who suffered a direct impact on their economic or productive activity. Since 2015, 24,400 people have been served in this modality, and the amount disbursed has reached approximately R$ 1.58 billion. 

In August 2020, the Simplified Indemnity System was implemented, based on a decision by the 12th Federal Court to deal with hard-to-prove damage cases. From September 2020 to April, R$1.08 billion was paid to around 11,800 people in 22 locations. According to the damage category, the settlements are a one-off and definitive payment, as ruled by the Court, and they vary from R$17 thousand to R$567 thousand. Click here and see the amounts for each category and location.

Joining the Simplified Indemnity System is optional and must be done through the Attorney’s Portal on the Renova Foundation website www.fundacaorenova.org. To adhere, people must be represented by an attorney or public defender in compliance with a court decision. In addition, it must be confirmed that the claimant was at least 16 years of age at the time of the dam collapse and that they registered or requested registration in the Renova Foundation database by April 30, 2020. 

The Renova Foundation has dedicated teams to handle any possible issues arising when using the platform. It is in permanent contact with the claimants’ attorneys by SMS, e-mail, or WhatsApp. Attorneys can also call 0800 031 2303 for any questions or concerns. 

 

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