Combating climate change is the defining challenge of our times.

From the perspective of the Global South, addressing the climate crisis is an urgent priority that requires mobilizing and deploying financial resources at an unprecedented scale.

The Climate Finance Center for the Global South (CFC-GS) is a think tank based in Bélem with an exclusive focus on bridging the policy-finance-outcome knowledge gap in the Global South. The objective is to create a South-South network of public policy professionals, academics and practitioners to share knowledge, build coalitions and co-create solutions to mobilize and deploy climate finance at scale.

The CFC-GS will focus on four core areas:

Macroeconomic environment and climate finance

Monetary, fiscal, trade and investment policies.

Climate finance instruments

MDB/RDB finance; carbon credits, blended finance, private capital etc.

Climate finance for cities

Resource mobilization, investment priorities, incentives, subsidies etc

Climate Finance tracker for COP30

Global, regional and national commitments and expenditure.

BLOG

Towards COP31: What Happened to the Promises Made at COP30?

By Andressa Lima (CFC-GS/UFPA) The 30th United Nations Climate Change Conference (COP30), held in Belém, Brazil, in November 2025, marked an important moment for the international climate agenda. Against a backdrop of worsening climate change and growing global economic inequalities, the conference reinforced commitments related to climate finance, adaptation, and the transition towards a low-carbon economy. However, as COP31 approaches,

BNDES and Financing Brazil’s Climate Transition

By Andressa Lima (CFC-GS/UFPA) This blog presents the main findings of Working Paper No. 14 of the Climate Finance Center for the Global South (CFC-GS), “The BNDES in Financing Brazil’s Climate Transition: Trajectory, Structure, and Distribution of Resources,” written by Wallace Marcelino Pereira and Ana Clara dos Santos Cabral. The study analyzes the role of the Brazilian Development Bank (BNDES)

The Sustainable Development Trilemma: Is It Possible to Growth, Distribute, and Decarbonize?

By Douglas Alencar (CFC-GS/UFPA) Current macroeconomic policymaking faces a major challenge: the sustainability trilemma. Governments are expected to achieve three fundamental objectives simultaneously: boosting economic growth, promoting income distribution, and ensuring the reduction of CO₂ emissions. The problem is that, without intentional state coordination, expanding production and improving wages tend to put pressure on energy consumption and polluting inputs, creating

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