SÃO PAULO (News release) -- The Brazil Restoration and Bioeconomy Finance Coalition (BRB Finance Coalition) announced 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.
The commitments, which are self-reported by the coalition's 25 members, reflect the growing confidence of the public and private sectors in Brazil's potential to lead a new green, low-carbon economy. Launched on the sidelines of the G20 Summit in Brazil in November 2024, the initiative is gaining momentum at a strategic time, as the country prepares to host COP30 in Belém.
"This result is not just a number; it is a clear sign of our accelerated commitment. Surpassing the US$ 4.5 billion mark shows that the US$ 10 billion goal is not only viable, but that we are building a solid and reliable path to achieve it," says Thaís Ferraz Program Director at the Climate and Society Institute, one of the Coalition's members. "We are turning ambition into action and will bring concrete proof of the leadership role Brazil can play in global climate finance to COP30."
"The vision and potential for Brazil's bioeconomy -- and for similar efforts around the world -- has never been clearer," said Gerrity Lansing, Head of BTG Pactual Timberland Investment Group, which is also a Coalition member. "Restoration is one vital part of a broader landscape that also requires protection and sustainable management, all of which are well aligned with the objectives of the COP30 Presidency. Signals like this give us confidence that we are entering a new era for climate, nature, and communities."
"This milestone is a strong signal of momentum as we head into COP30," said Mauricio Bianco, Vice President, Conservation International Brazil and BRB Finance Coalition Steering Committee member. "But it is also just the beginning -- we look forward to the work ahead of transforming these commitments into lasting action on the ground. That is how we will secure the benefits for people, nature, and the climate that this coalition was designed to deliver."
The term "mobilize" refers to the aggregation of investment commitments that members intend to direct to projects by 2030. These resources are already linked to concrete goals on the ground: the commitments made aim to restore or protect 3.65 million of forests, contributing directly to the Coalition's larger objective of protecting and restoring 5 million hectares in Brazil.
ABOUT BRB FC: The Brazil Restoration and Bioeconomy Finance Coalition brings together public and private institutions whose objective is to mobilize financial resources to restore Brazilian forests and boost the bioeconomy. The goal is to allocate US$ 10 billion for restoration and bioeconomy projects by 2030, supporting the recovery of at least five million hectares of Brazilian forests. The Coalition also aims to reduce carbon emissions by one gigaton by 2050 and invest at least US$500 million in initiatives that benefit indigenous populations and local communities in the Amazon and other Brazilian biomes.
