This paper investigates how the Amazon Fund can contribute to reducing social inequality and the marginalization of indigenous and traditional sustainable producers in the Amazon. Broader civil society participation, autonomous sub-funds and stronger integration with diverse public policies that should prioritize rural small-scale production and food security as well as environmental protection. The reopening of the Amazon Fund is an opportune moment to improve the communication between the fund’s administrator BNDES and local actors on projects that fit better with local needs and the environment.