{"id":181207,"date":"2025-09-04T20:35:46","date_gmt":"2025-09-04T18:35:46","guid":{"rendered":"https:\/\/efecomunica.efe.com\/?p=181207"},"modified":"2025-09-04T20:43:38","modified_gmt":"2025-09-04T18:43:38","slug":"cop30-will-be-a-turning-point-in-climate-finance-says-director","status":"publish","type":"post","link":"https:\/\/efecomunica.efe.com\/en\/cop30-will-be-a-turning-point-in-climate-finance-says-director\/","title":{"rendered":"COP30 will be a \u201cturning point\u201d in climate finance, says director"},"content":{"rendered":"<p data-start=\"682\" data-end=\"926\"><strong data-start=\"682\" data-end=\"708\">S\u00e3o Paulo, Sep 4 (EFE)<\/strong> \u2013 The executive director of the upcoming <strong data-start=\"750\" data-end=\"783\">UN Climate Conference (COP30)<\/strong>, Brazilian <strong data-start=\"795\" data-end=\"807\">Ana Toni<\/strong>, said Thursday that the event <strong data-start=\"838\" data-end=\"869\">\u201cwill mark a turning point\u201d<\/strong> in the way <strong data-start=\"881\" data-end=\"900\">climate finance<\/strong> is addressed worldwide.<\/p>\n<p data-start=\"928\" data-end=\"1229\">In a <strong data-start=\"933\" data-end=\"950\">video address<\/strong> at the opening of the <strong data-start=\"973\" data-end=\"1022\">3rd Latin American Green Economy Forum (FLEV)<\/strong>, organized by <strong data-start=\"1037\" data-end=\"1052\">Agencia EFE<\/strong> in S\u00e3o Paulo, Toni stressed that for the first time, <strong data-start=\"1106\" data-end=\"1154\">new financing mechanisms for decarbonization<\/strong> are being debated, including <strong data-start=\"1184\" data-end=\"1226\">tools to reward ecosystem preservation<\/strong>.<\/p>\n<blockquote data-start=\"1231\" data-end=\"1455\">\n<p data-start=\"1233\" data-end=\"1455\"><strong data-start=\"1233\" data-end=\"1443\">\u201cClimate debate always centers on energy, and that makes sense because it accounts for more than 70% of emissions. But forests, oceans, and mangroves continue to be sidelined, and it\u2019s time to change that,\u201d<\/strong> she said.<\/p>\n<\/blockquote>\n<h2 data-start=\"1462\" data-end=\"1504\">Beyond energy: forests and ecosystems<\/h2>\n<p data-start=\"1506\" data-end=\"1696\">Toni emphasized that <strong data-start=\"1527\" data-end=\"1537\">Brazil<\/strong>, whose electricity grid is already <strong data-start=\"1573\" data-end=\"1590\">90% renewable<\/strong>, wants to go <strong data-start=\"1604\" data-end=\"1632\">beyond energy transition<\/strong> and place <strong data-start=\"1643\" data-end=\"1693\">conservation at the heart of the green economy<\/strong>.<\/p>\n<p data-start=\"1698\" data-end=\"1899\">She highlighted the <strong data-start=\"1718\" data-end=\"1758\">Tropical Forests Forever Fund (TFFF)<\/strong>, a new economic mechanism created by Brazil that will be officially presented at <strong data-start=\"1840\" data-end=\"1861\">COP30 in November<\/strong> in the Amazonian city of <strong data-start=\"1887\" data-end=\"1896\">Bel\u00e9m<\/strong>.<\/p>\n<blockquote data-start=\"1901\" data-end=\"2028\">\n<p data-start=\"1903\" data-end=\"2028\"><strong data-start=\"1903\" data-end=\"2010\">\u201cThis is not a donations fund; it is a tool that will provide payment per hectare of preserved forest,\u201d<\/strong> Toni explained.<\/p>\n<\/blockquote>\n<p data-start=\"2030\" data-end=\"2230\">The mechanism aims to <strong data-start=\"2052\" data-end=\"2097\">recognize and reward ecosystem protectors. <\/strong>Those include\u00a0<strong data-start=\"2109\" data-end=\"2179\">Indigenous peoples, rural communities, farmers, and private actors<\/strong> who conserve areas beyond what the law requires.<\/p>\n<blockquote data-start=\"2232\" data-end=\"2398\">\n<p data-start=\"2234\" data-end=\"2398\"><strong data-start=\"2234\" data-end=\"2386\">\u201cSo far there has been no economic instrument that guarantees the preservation of standing forests. The TFFF is an innovation that can change that,\u201d<\/strong> she said.<\/p>\n<\/blockquote>\n<p>A basket of economic instruments<\/p>\n<p data-start=\"2444\" data-end=\"2694\">Alongside the forest fund, Brazil will propose a <strong data-start=\"2493\" data-end=\"2529\">\u201cbasket of economic instruments\u201d<\/strong> at COP30. These will include <strong data-start=\"2559\" data-end=\"2597\">payment for environmental services<\/strong> linked to <strong data-start=\"2608\" data-end=\"2621\">mangroves<\/strong> and so-called <strong data-start=\"2636\" data-end=\"2653\">\u201cblue carbon\u201d<\/strong> associated with <strong data-start=\"2670\" data-end=\"2691\">marine ecosystems<\/strong>.<\/p>\n<p data-start=\"2696\" data-end=\"2889\">This agenda, first discussed during <strong data-start=\"2732\" data-end=\"2759\">Brazil\u2019s G20 presidency<\/strong>, will be consolidated at the climate conference as part of a <strong data-start=\"2821\" data-end=\"2886\">strategy to accelerate the transition to a low-carbon economy<\/strong>.<\/p>\n<h2 data-start=\"2896\" data-end=\"2941\">Inclusive dialogue for the green economy<\/h2>\n<p data-start=\"2943\" data-end=\"3103\">In her remarks, Toni also called for <strong data-start=\"2980\" data-end=\"3003\">broadening dialogue<\/strong> on the <strong data-start=\"3011\" data-end=\"3028\">green economy<\/strong> to include <strong data-start=\"3040\" data-end=\"3100\">local authorities, the private sector, and civil society<\/strong>.<\/p>\n<p data-start=\"3105\" data-end=\"3199\">The <strong data-start=\"3109\" data-end=\"3117\">FLEV<\/strong> is a forum for debate on <strong data-start=\"3143\" data-end=\"3164\">energy transition<\/strong> and <strong data-start=\"3169\" data-end=\"3196\">sustainable development<\/strong>.<\/p>\n<p data-start=\"3201\" data-end=\"3252\">Now in its <strong data-start=\"3212\" data-end=\"3229\">third edition<\/strong>, it is sponsored by:<\/p>\n<ul data-start=\"3253\" data-end=\"3477\">\n<li data-start=\"3253\" data-end=\"3320\">\n<p data-start=\"3255\" data-end=\"3320\"><strong data-start=\"3255\" data-end=\"3269\">ApexBrasil<\/strong>, Brazil\u2019s trade and investment promotion agency.<\/p>\n<\/li>\n<li data-start=\"3321\" data-end=\"3395\">\n<p data-start=\"3323\" data-end=\"3395\"><strong data-start=\"3323\" data-end=\"3340\">Norte Energia<\/strong>, operator of the <strong data-start=\"3358\" data-end=\"3392\">Belo Monte hydroelectric plant<\/strong>.<\/p>\n<\/li>\n<li data-start=\"3396\" data-end=\"3477\">\n<p data-start=\"3398\" data-end=\"3477\"><strong data-start=\"3398\" data-end=\"3412\">Lots Group<\/strong>, a logistics company focused on <strong data-start=\"3445\" data-end=\"3474\">decarbonization solutions<\/strong>.<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"3479\" data-end=\"3621\">It is also supported by <strong data-start=\"3503\" data-end=\"3562\">Imaflora, the Climate Observatory, and IBMEC University<\/strong>, which is hosting the event at its <strong data-start=\"3598\" data-end=\"3618\">S\u00e3o Paulo campus<\/strong>. EFE<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S\u00e3o Paulo, Sep 4 (EFE) \u2013 The executive director of the upcoming UN Climate Conference (COP30), Brazilian Ana Toni, said Thursday that the event \u201cwill mark a turning point\u201d in [&hellip;]<\/p>\n","protected":false},"author":198164071,"featured_media":181208,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[123782],"tags":[],"class_list":["post-181207","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>COP30 will be a \u201cturning point\u201d in climate finance, says director - 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