Climate 411

Selected tag(s): IPLC

Financing Forest Conservation: Guiding Quality Forest Finance in the Baku to Belém Roadmap

Aerial view of a Costa Rican rainforest. Flickr/ Francisco Guerrero 2020

By Mark Moroge and Zach Cohen 

At this November’s UN Climate Conference in Belém, progress on climate finance will be measured not just in pledges, but in delivery – including for forests, which are critical to regulating the climate, sustaining biodiversity, and supporting millions of people. The driving question: how do we get more money to the people conserving critical ecosystems at the speed and scale needed to make a difference? 

Last year’s climate conference in Baku set an ambitious goal to mobilize $1.3 trillion by 2035 for developing countries. Over the coming months, countries will provide inputs on a ‘Baku to Belém Roadmap’, guiding public and private sectors to deliver on this target. While scaling climate finance is essential, so is ensuring its quality. Strengthening the affordability, accessibility, and effectiveness of climate funding must be priorities to catalyze transformative action. 

As the Baku to Belém Roadmap takes shape, these principles of quality cannot just be abstractions – they need to be translated within specific sectors and contexts. This is especially true for the forest sector, where stakeholders face underlying barriers to securing the financing they need, and where there are ripe opportunities to unlock new resources, from leveraging public money to catalyze private investment, to deploying innovative models like the Tropical Forests Forever Facility.  Read More »

Posted in Brazil, Carbon Markets, Climate Finance, Extreme Weather, Indigenous People, REDD+, United Nations / Also tagged , , , , , | Authors: , / Comments are closed

The Indigenous Peoples and Local Communities’ Road to COP30 at Belém: An Outlook for 2025

Kleber Karipuna, President of APIB and Coordinator of the Global Alliance, presenting strategies for effective participation at COP30. Photo by Bärbel Henneberger, EDF

By Bärbel Henneberger, Senior Partnerships Manager, Environmental Defense Fund

For Indigenous Peoples and Local Communities (IPLC) organizations of the Americas, 2025 brings fresh expectations. For the first time, the UNFCCC COP30 will take place in the Amazon Basin,  hosted by the city of Belém, in the Brazilian state of Pará. This will present a unique opportunity to cast global attention to the challenges and potential solutions unfolding in the wider Amazon region.

For context, the Amazon, the world’s largest rainforest, is also the largest and most vulnerable deforestation front. WWF estimates that 20 percent of its biome has been lost already, and that 27 percent will be without trees by 2030 if the current rate of forest loss continues. For IPLCs, the forest is the home that sustains all life.

Last week, during a workshop on Indigenous economy, Indigenous Peoples and Local Communities (IPLC) organizations from South and Meso America met in the Ecuadorian Amazon to discuss the state of tropical forests and the role of IPLC´s sustainable initiatives. Despite all efforts, illegal timber and gold mining are still powerful drivers of deforestation and the destruction of entire landscapes in the Amazon. However, a call was made for the sustainable use of Nature, and concrete examples were presented of the actions that should be implemented to ensure sustainable forest management. IPLC organizations also agreed that Indigenous bioeconomy will be a key topic to be presented at COP30.

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Ecuador Announces Milestone in Halting Tropical Deforestation

Inés María Manzano, Minister of Environment, Water, and Ecological Transition of Ecuador and Eron Bloomgarden, CEO Emergent (LEAF Coalition) at the official signing event in Ecuador, January 29,2025. Photo by Santiago Garcia, EDF.

By Santiago García Lloré, Senior Manager of IPLC and Conservation Partnerships at EDF.

Ecuador is one of nine countries in the Amazon rainforest. It is also known as one of the most biodiverse countries in the world — its unique ecological heritage includes the famous Galápagos Islands.

Following Costa Rica, Ghana, and the State of Para in Brazil, Ecuador signed an Emissions Reduction Purchase Agreement (ERPA) under the LEAF Coalition’s carbon finance framework to reduce 3 million tons of carbon emissions in exchange for $30M. (3 million tons of carbon emissions roughly equal the annual emissions of about 570,000 average passenger cars.)

The deal covers four Ecuadorian jurisdictions and is a shining example of deploying carbon finance that advances equitable participation from diverse groups. In Ecuador’s case, this process has resulted in the inclusion of Afro-Ecuadorian communities, who, like many other Indigenous communities in the region, have traditionally been marginalized. This showcases progress toward a more inclusive and representative model.

EDF has been privileged to support Ecuador in this journey over the past several years. Our efforts have focused on building the technical capacity, policy frameworks, and stakeholder engagement processes needed to bring this ambitious program to life. Here are a few things we’ve learned that are critical to ensuring integrity and bolstering climate ambition.

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Posted in Carbon Markets, Forest protection, Indigenous People, Latino partnerships, News, REDD+ / Also tagged , , , , | Authors: / Comments are closed