Capacity Building on Climate Finance and Nature-Based Solutions
Representatives from various Ministries and Government Agencies gathered at the headquarters of the Ministry of Agriculture and Livestock (Mapa) in Brasilia to participate in the "Capacity Building on Climate Finance and Nature-Based Solutions" training. The two-day event aimed to equip participants with the fundamental concepts of climate finance and nature-based solutions, focusing on investment opportunities and financial mechanisms to drive a low-carbon, climate-resilient economy with sustainable agriculture. The training was organized in partnership with the United Nations Environment Programme (UNEP) and sought to bridge the gap between the government, private sector, and civil society to mobilize resources for sustainable agricultural projects.
Key Takeaways:
- The training brought together 40 representatives from Ministries and Government Agencies, including the Ministry of Finance, Agrarian Development and Family Farming, and the Brazilian Agricultural Research Corporation (Embrapa).
- The event aimed to understand the fundamental concepts of climate finance and nature-based solutions, with a focus on investment opportunities and financial mechanisms for a low-carbon, climate-resilient economy with sustainable agriculture.
- The training presented participants with investment opportunities and financial mechanisms available to drive the transition to a sustainable economy, with a focus on food security and sustainable agriculture.
- Promoting sustainable agricultural practices depends on affordable financing and technical assistance for rural producers, according to Carlos Augustin, special advisor to the minister.
- The training exceeded expectations, allowing for a lot of interaction and a final reflection, as highlighted by Martha de Sa, a facilitator who connects nature-based solutions to large-scale institutional capital.
- The Ministry of Agriculture and Livestock (Mapa) is developing solutions to finance the next stages of the Caminho Verde Brasil Program, which aims to restore 40 million hectares of degraded areas for sustainable production systems.
- Caminho Verde Brasil offers credit at below-market interest rates to producers who join the program, including environmental commitments such as zero deforestation and carbon balance.
Statistics:
- 40 representatives from Ministries and Government Agencies participated in the training.
- R$30 billion has been raised through Eco Invest Brasil to finance the expansion of sustainable practices nationwide in the first phase of the Caminho Verde Brasil Program.
- Caminho Verde Brasil aims to restore 40 million hectares of degraded areas for sustainable production systems.
- The program promotes food security, supports the energy transition, and helps the country meet its climate goals.
- The training was organized in partnership with the United Nations Environment Programme (UNEP) and the Special Advisory Office of Minister Carlos Favaro.
Sources:
- Ministry of Agriculture and Livestock (Mapa) - A news release on the "Capacity Building on Climate Finance and Nature-Based Solutions" training.
- United Nations Environment Programme (UNEP) - Partnership with Mapa and the Special Advisory Office of Minister Carlos Favaro to organize the training.