MANAUS, Brazil – In a landmark announcement at the G20 summit, leaders from both public and private sectors unveiled the Brazil Restoration & Bioeconomy Finance Coalition (BRB Finance Coalition), aimed at propelling conservation and restoration efforts for Brazil’s forests with a projected investment of at least $10 billion by 2030.
This significant initiative was revealed during President Biden’s historic visit to the Amazon region, emphasizing the urgency of ambitious policies to safeguard the Amazon while fostering a green economy. The Coalition serves as a testament to the increasing recognition of the need for collaborative efforts to expedite climate finance and infrastructure investment.
The BRB Finance Coalition’s founding members comprise several visionary organizations committed to environmental stewardship. Their collective goal is to conserve and restore a minimum of 5 million hectares of Brazilian forests, supporting national efforts to combat deforestation. Key objectives also include launching projects by 2030 that aim to sequester at least 1 gigaton of CO2 emissions and allocating $500 million towards initiatives that benefit Indigenous peoples and local communities, particularly within the Amazon region.
Aligned with Brazil’s Ecological Transformation Plan, the Coalition aims to enhance existing climate initiatives, such as Brazil’s Climate and Ecological Transformation Investment Platform. It envisions leveraging investments in essential bioeconomy sectors, such as sustainable agriculture and forestry, to help Brazil achieve its ambitious goal of restoring 12 million hectares of forest by 2030. Throughout 2025, the Coalition will work together to achieve tangible results that will be shared at the UN climate summit in Belém, Brazil (COP30) in late 2025.
The Coalition’s early activities in 2025 will be facilitated by a dedicated Secretariat, fostering efficient operations to meet its goals.
By initiating this Coalition towards the end of Brazil’s G20 Presidency and leading up to COP30, stakeholders aim to mobilize the crucial financial resources required for large-scale restoration and bioeconomy endeavors. The immediate availability of substantial funds shows a robust commitment to transforming the Deforestation Arc into a Restoration Arc, with initiatives already underway to catalyze impactful restoration activities throughout Brazil.
The BRB Finance Coalition emphasizes the pivotal role that forest restoration plays in addressing social inequality, biodiversity loss, and the climate crisis. With a commitment to realizing these goals, the Coalition envisions scalable solutions that will simultaneously benefit the environment and the economy, showcasing Brazil’s potential to lead in sustainable forest practices.
As this initiative unfolds, it promises to unlock sustainable investments that align economic growth with environmental conservation, thereby addressing the pressing challenges of climate change while contributing to Brazil’s bioeconomy. The formation of this Coalition marks a crucial development in Brazil’s trajectory towards a sustainable, green future.
