Overview

• Belém hosts COP30 from November 10 to 21 with preparations now focused on outcomes that tie climate action to development in the Amazon region.
• Brazil’s Tropical Forests Forever Fund has a US$1 billion national pledge and a stated goal of a larger US$25 billion start, with proposals for direct transfers to Indigenous and traditional communities.
• Amazon states advance jurisdictional REDD+ programs: Tocantins partnered with Mercuria and registered under ART Trees, Acre signed commercialization with Standard Chartered, and Pará agreed to sell up to 12 million credits via LEAF/Emergent at US$15 each with most proceeds earmarked for local communities.
• Governors Helder Barbalho and Gladson Cameli call for forest protection aligned with livelihoods, emphasizing traceability, enforcement and land regularization, including Pará’s plan to track its entire cattle herd by 2026.
• Experts warn current financing and credit access fall short for restoration and bioeconomy scale-up, while President Lula plans to deliver youth climate commitments to heads of state at the summit.