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From Oil to Forests: The Paradox of Using Oil Resources for Brazil’s Climate Transition.

By Yandra França (CFC-GS/UFPA) The urgency of transitioning the global economy towards sustainability is no longer news, nor is the urgent need to reduce greenhouse gas (GHG) emissions. In this regard, Brazil faces a unique transition: rural, forestry, urban, and industrial all at the same time. It is in this context that, through Law No. 12,144/2009 of 2009, the Brazilian

Climate Change and Poverty: The Vulnerability of the Global South

By Alcilene Farias (CFC-GS/UFPA) The climate crisis and poverty are closely linked, as changes in climate tend to widen social and economic inequalities. In general, those who have contributed least to the problem suffer most from its effects. Although developed countries have historically been responsible for most greenhouse gas (GHG) emissions, it is the poorest populations, especially in the Global

The Theoretical Relevance of Arthur Pigou to the Formation of the Carbon Market

By Lucas Ribeiro Cunha (CFC-GS/UFPA) The history of environmental economic thought cannot be told without mentioning Arthur Cecil Pigou, economist and author of “The Economics of Welfare” (1920), who was the first to systematize the idea that the state should intervene in the economy to correct market failures, especially those that generate negative externalities. His theoretical contribution became the foundation

Can FNO and FNE Support Regenerative Agriculture?

By Douglas Alencar (CFC-GS/UFPA) & Andressa Lima (CFC-GS/UFPA) Financing through the Constitutional Development Funds, the Constitutional Fund for Financing the North (FNO) and the Constitutional Fund for Financing the Northeast (FNE), plays an important role in stimulating investment and boosting regional economies. An analysis of the temporal evolution and sectoral distribution of these resources between 2015 and 2024 reveals both

A First Look at the Results of COP30

By Cláudio Puty (UFPA/CFC-GS) Many assessments of COP30 in Belém have already been made, and there seems to be relatively broad recognition that something important happened there: the vibrant presence of civil society, the strength of indigenous voices, social diversity occupying a democratic space, and this, in itself, is not trivial. Still, the decisions fell far short of what the

Climate Colonialism and the Financialization of Nature in the Global South

By Juan Carlos Pereira (UFPA/CFC-GS) So-called climate colonialism expresses a new configuration of global domination, in which economically powerful nations use environmental discourse to maintain their exploitation of countries in the Global South. According to Martinez (2014), this logic is based on the justification of reducing the impacts of global warming, while Táíwò (2019) interprets the phenomenon as the continuation

Climate Finance and Territorial Justice: Quilombola Communities’ Access to REDD+ Resources in Pará

By Tiago da Silva Conceição (CFC-GS/UFPA) The advancement of climate finance policies in the Amazon has sparked important debates in the field of territorial justice and social inclusion, especially in the state of Pará, a territory marked by extensive areas of forest and the presence of numerous quilombola communities. The implementation of the REDD+ (Reducing Emissions from Deforestation and Forest

Integration Between the SBCE and Climate Funds: Challenges and Prospects for Brazil’s Climate Transition.

By Sândrya Neves (UFPA/CFC-GS) The climate crisis has become one of the main challenges of the 21st century, due to extreme weather events and the intensification of meteorological phenomena on a global scale. This reality, directly associated with the increase in greenhouse gas (GHG) emissions resulting from human activities such as changes in land use and land cover, energy generation,

The Global South and the Green Transition: What to Expect from COP 30 in Belém.

By Yandra França (UFPA/CFC-GS) We are less than 15 days away from the United Nations Climate Change Conference, COP 30, in Belém, which is already shaping up to be a historic event. It will inaugurate the heart of the Amazon—the largest tropical biome on the planet—as the stage for climate negotiations. Traditionally, conferences have been dominated by countries in the

COP 30 in Belém: The Amazon at the Center of the Global Climate Debate

By Alcilene Farias (UFPA/CFC-GS) Next month, between November 10 and 21, Belém will host the 30th Conference of the Parties – COP 30 of the United Nations Framework Convention on Climate Change (UNFCCC). The event will bring together leaders, scientists, and activists to discuss and negotiate actions needed to combat the climate crisis. The choice of Belém as the host

Juridical Horizon: The Carbon Credit Market

From Tax Incentives (Bill 2148/15) to the Regulated Market (Law 15,042/24): the Regulatory Process of the Carbon Market in Brazil By Lucas Cunha (UFPA/CFC-GS)¹ In Brazil, Law No. 15,042, dated December 11, 2024, was responsible for regulating the Carbon Market, establishing the Brazilian Greenhouse Gas Emissions Trading System (SBCE) (Brazil, 2024). The legislative construction deserves to be analyzed with the

Climate and Economy: the National Policy on Climate Change and its Economic Instruments

By Juan Carlos Pereira (UFPA/CFC-GS) Starting in the late 1970s, reports from foreign environmentalists drew attention to the environmental and social impacts caused by large projects in the Amazon. This international repercussion led financing organizations, such as the World Bank (IBRD) and the Inter-American Development Bank (IDB), to require that the projects they financed undergo environmental impact studies. As the

Two months from COP30, climate commitments are falling short

By Anit Mukherjee (ORF America/ CFC-GS) With exactly two months to go before the heads of governments land in the Belém for the summit of leaders ahead of the formal opening of the 30th UNFCCC Conference of Parties (COP30), climate commitments are falling short of the urgency needed to address the crisis. Only 30 countries have submitted their updated Nationally

Climate Finance in Latin America: The Cases of Brazil, Mexico, and Argentina

Douglas Alencar (UFPA/CFC-GS) and Andressa Lima (UFPA/CFC-GS) Climate finance in Latin America has followed distinct trajectories in Argentina, Brazil, and Mexico over the past decade. Data from 2014 to 2023 reveal not only differences in volume, but also in the composition and allocation of resources. Brazil has consolidated its position as the largest recipient, with consistently higher values and peaks

New Version of the Climate Finance Tracker by CFC-GS: Expanded Database and Modernized Interface

By Andressa Lima (UFPA/CFC-GS) The debate on climate finance has gained increasing relevance in international negotiations and national public policies. Knowing where resources come from, where they go, and what objectives they serve is essential not only for governments and multilateral institutions but also for researchers, civil society, and journalists monitoring whether global pledges are truly being translated into concrete

Climate Finance in Mexico

By Douglas Alencar (UFPA/CFC-GS) and Andressa Lima (UFPA/CFC-GS) Between 2014 and 2023, Mexico received significant volumes of climate finance, essential to driving mitigation, adaptation, and integrated projects in response to the challenges posed by climate change. These resources, originating from different financial instruments and showing considerable annual variation, reflect both the opportunities and the limitations in accessing capital for environmental

Climate Finance in Argentina: Recent Trends and the Implications of COP29 Withdrawal

By Andressa Lima (UFPA/CFC‑GS) Climate finance has emerged as a cornerstone of the global environmental agenda. In Argentina, this issue is particularly strategic given the country’s socioeconomic vulnerabilities and exposure to climate risks. At its core, climate finance refers to public and private financial flows aimed at reducing greenhouse gas emissions or adapting to climate change impacts. As a signatory

Climate Finance in Latin America

By Douglas Alencar (UFPA/CFC-GS) and Andressa Lima (UFPA/CFC-GS) In recent decades, climate finance has become a key element in addressing climate change, especially in the context of growing climate inequalities between countries in the Global North and South. For Latin America—a region highly vulnerable to the effects of climate change but with uneven response capacity—understanding how international climate resources have

Climate Finance to Brazil in 2023: Who Funds It, Which Sectors Receive It, and How Resources Are Used

By Andressa Lima (UFPA/ CFC-GS) International climate finance to Brazil has become one of the key pillars for enabling the country’s ecological transition. In 2023, the amount of resources committed by international donors reached significant levels, revealing both the priorities of funders and the strategies adopted by Brazilian institutions to access these funds. A detailed analysis of the most recent

Promises from COP29 on Climate Finance: Goals, Pathways, and Challenges

By Andressa Lima (UFPA/CFC-GS) The United Nations Climate Conference (COP29), held in Baku, Azerbaijan, concluded with the definition of a new New Collective Quantified Goal on climate finance (NCQG). The final agreement established that developed countries must mobilize at least US$ 300 billion annually by 2035 to support developing nations in mitigating the effects of climate change and adapting to

The Dynamics of FNO Resource Allocation: Priority Sectors and Challenges for Sustainable Development

By Douglas Alencar (UFPA/CFC-GS) The allocation of resources from the Northern Constitutional Financing Fund (FNO) plays a strategic role in the regional development of the Legal Amazon. Created with the aim of reducing regional inequalities and promoting sustainable economic activities, the FNO should, in theory, support investments aligned with environmental conservation and social inclusion. However, recent data reveal a strong

The Amazon Fund and Climate Finance in Brazil: Progress, Challenges, and Prospects

By Andressa Lima (UFPA) Brazil holds a strategic position in the global debate on addressing the climate crisis. With the majority of the Amazon rainforest within its territory, the country is a key player, both in terms of mitigation opportunities through forest conservation and in facing structural challenges related to land use, inequality, and sustainable development. In this context, the

Climate Finance: Unfulfilled Promises and Challenges for Brazil

By Douglas Alencar (UFPA/CFC-GS) The global climate crisis has imposed on the international community the urgent need to establish financial cooperation mechanisms capable of enabling both the mitigation of greenhouse gas emissions and adaptation to the already observable impacts of climate change. In this context, the agreements established under the United Nations Framework Convention on Climate Change (UNFCCC) and, more

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