Tag: Conservation International

The Brazil Restoration and Bioeconomy Finance Coalition (BRB Finance Coalition) announced today that its members have committed to mobilizing a total of US$ 4.5 billion for forest restoration and bioeconomy projects throughout the country. This new milestone represents significant and accelerated progress, positioning the Coalition at 45% of its goal to mobilize at least US$ 10 billion by 2030. Collectively, these commitments aim to protect or restore 3.65 million hectares of Brazilian forests.

Recent analysis shows Coalition members are a quarter of the way towards US$ 10 billion target for supporting large-scale restoration and bioeconomy initiatives across Brazil by 2030.

Manaus, Brazil – 17 November 2024 – 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.