US EditionBrazil Unveils Ambitious $1.3 Trillion Climate Finance Plan Ahead of COP30
Brazil aims to close the funding gap where Indigenous groups protect 36% of tropical forests but receive less than 1% of climate finance, ahead of COP30 discussions.
- As the COP30 climate summit in the Amazon draws near, pressure is mounting to get funding directly to Indigenous and local community organizations who defend rainforests.
- Behind this funding gap lie systemic barriers such as rigid eligibility rules and donor requirements designed for large institutions, and some intermediary organizations evolved into gatekeepers absorbing resources from grassroots organizations.
- Case studies show intermediaries can strengthen local institutions and open access to funding, as the Amerindian Peoples Association and South Rupununi District Council now manage more than $7 million.
- Donors are waking up to the powerful truth that funding Indigenous and local communities is one of the highest-impact investments, and intermediaries can break bottlenecks while accelerating autonomy.
- Indigenous and local communities protect 36% of the world's intact tropical forests yet receive less than 1% of international climate finance, threatening global climate goals and requiring diverse, flexible funding ecosystems.
15 Articles
15 Articles
Brazil Unveils Ambitious $1.3 Trillion Climate Finance Plan Ahead of COP30
Brazil has presented an extensive climate finance plan to secure $1.3 trillion annually as it prepares to host COP30 in Belem. The initiative, outlined in the Baku to Belem Roadmap, stresses the need for increased funding to support multilateral climate commitments amidst rising emissions and political challenges.
Brazil launches plan to scale climate finance to $1.3 trillion a year
By Lisandra Paraguassu, Sudarshan Varadhan and Simon Jessop BELEM, Brazil (Reuters) -After a year of talks, COP30 host Brazil on Wednesday laid out a plan to scale climate finance to $1.3 trillion a year and faced several early signs of the testing political backdrop as the Amazonian city of Belem prepares to welcome world leaders. The near 100-page document, dubbed the Baku to Belem Roadmap, follows months of talks with stakeholders since the c…
Conservation news
Climate finance must reach Indigenous communities at COP30 & beyond (commentary)
As the COP30 climate summit in the Amazon draws near, pressure is mounting to get funding directly into the hands of Indigenous and local community organizations who are the frontline defenders of the world’s rainforests. Donors are waking up to the powerful truth that funding Indigenous and local communities is one of the highest-impact investments we can make for forest protection and climate action. This momentum is encouraging. Still, the nu…
Times of India
The Economic TimesCOP30 presidency unveils plan to scale climate finance to USD 1.3 trillion by 2035
The COP30 presidency has unveiled the 'Baku to Belem Roadmap to 1.3 Trillion,' a global plan to mobilize at least $1.3 trillion annually by 2035 for developing nations. This initiative aims to channel funds for renewable energy, adaptation, and disaster recovery, turning finance promises into tangible action for climate-vulnerable countries.
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