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.

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Tracking Climate Financing #10: Amazon Conservation

By Tiago Conceição (CFC-GS/UFPA) The Amazon is the largest tropical rainforest on the planet and plays a vital role in the global climate balance. However, the advance of deforestation, mining, and agricultural expansion threatens its biodiversity and its indigenous peoples. In this context, environmental organizations have been working to protect this region. Among them is the Amazon Conservation Association, an

Tracking Climate Financing #9: First Amazonas Fiscal and Environmental Sustainability Programmatic Development Policy Financing 

By Sândrya Neves (CFC-GS/UFPA) The project known as the First Development Policy Financing Program for Fiscal and Environmental Sustainability in Amazonas is a loan provided by the World Bank to the Government of the State of Amazonas. The operation is part of the Development Policy Financing (DPF) instrument, which the World Bank uses to support institutional reforms and public policies.

Tracking Climate Financing #8: How the Pandemic Changed BDMG’s Plans CLIMATE ACTION FL II

By Yandra França (CFC-GS/UFPA) The European Investment Bank (EIB) is one of the world’s largest multilateral providers of climate finance. In this project, in partnership with the Development Bank of Minas Gerais (BDMG), more than 100 million euros were made available to the Minas Gerais-based bank, specifically for the renewable energy sector. Through a partial loan established in 2019, the

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