Brazil Coalition for Restoration and Bioeconomy Financing Accelerates Capital Mobilization
During an event at COP30 in Belém, the Brazil Restoration and Bioeconomy Finance Coalition (BRB FC) announced it has already mobilized US$ 5.37 billion for forest restoration and bioeconomy projects in the country. This amount represents more than half of the US$ 10 billion to be mobilized by 2030 and will make it possible to restore 3.7 million hectares of Brazilian forests. The information was released during a panel at the Climate Conference, led by the Ministry of the Environment, which included Caitlin Clarke, Director of Policy and External Affairs at BTG Pactual Timberland Investment Group, one of the members of BRB FC.
Brazil Restoration & Bioeconomy Finance Coalition Launched to Mobilize $10 Billion for Forest Conservation and Bioeconomy by 2030
Today, on the margins of the G20, a group of public and private sector leaders launched the Brazil Restoration & Bioeconomy Finance Coalition (BRB Finance Coalition) to accelerate the conservation and restoration of Brazil’s forests, with a targeted, aggregate investment of at least $10 billion by 2030 among all Coalition members.
