The BRB Finance Coalition has announced a landmark $4.5 billion funding package to support forest conservation and bioeconomic development in Brazil, positioning the country as a key player in global climate finance ahead of COP30. The initiative aims to accelerate sustainable investment in the Amazon and other critical biomes, while fostering innovation in green industries.
The funding will be directed toward reforestation, biodiversity protection, and the expansion of Brazil’s bioeconomy—particularly in sectors such as sustainable agriculture, forest-based pharmaceuticals, and renewable materials. The coalition includes a mix of public and private financial institutions, impact investors, and international development partners.
The announcement comes as Brazil prepares to host COP30 in Belém, Pará, in 2026, with growing international attention on the Amazon’s role in climate stability. Officials say the investment will help meet national and global emissions targets, while empowering Indigenous and local communities through inclusive economic models.
The BRB Finance Coalition emphasized that the funding is structured to ensure transparency, long-term impact, and alignment with Brazil’s climate commitments under the Paris Agreement. The move signals a shift toward scalable, nature-based solutions in global climate finance.
Source: esgnews.com
