The document was officially delivered to the presidency of the United Nations Climate Change Conference (COP30), headed by Andre Correa do Lago, and calls for a profound transformation of international climate finance.
Entitled “Scaling Up Big Finance for Nature-Based Solutions,” the text warns that the Amazon is “at an ecological point of no return” if efforts are not redoubled before 2030.
“The Amazon biome is not a problem: it is a solution,” Correa do Lago stated upon receiving the proposal.
The statement includes concrete goals: the launch of the Tropical Forests Forever Facility (TFFF), to invest 125 billion dollars, and the strengthening of REDD+ mechanisms (a set of international policies and strategies designed to reduce greenhouse gas emissions from deforestation and forest degradation) and sustainable carbon credits.
The studies supporting the roadmap indicate that the Amazon stores between 150 and 200 billion tons of carbon, equivalent to almost two decades of global emissions.
The document was delivered to the United Nations and is expected to be discussed at COP30, which opened on Thursday and will run until November 21 in this capital of the northern Amazonian state of Para, where countries will seek to consolidate a new global compensation mechanism for tropical forests.
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