The Board of Directors of BIOFUND met on November 23rd at its 10th Session. Its main agenda was to present and discuss the basis for a new strategy for BIOFUND, in the context of the greater demand for financing and the consequent growth of the institution. In addition to this theme, the main activities of BIOFUND have been discussed since the last session of the Board of Directors, with emphasis to the funding of 9 Conservation Areas (covering 6 provinces) financed by the World Bank (Mozbio Project) and by AFD (projecto Abelha).