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ToggleUK’s Commitment to the Amazon and Biodiversity
In a landmark speech on Nature Day at COP28, Secretary of State Claire Coutinho announced the UK’s contribution of an additional £35 million to the Amazon Fund. This significant investment reflects the UK’s commitment to supporting Brazil’s efforts in preserving one-third of the world’s remaining rainforests and 20% of its biodiversity.
UK-Brazil: A Dynamic Duo in Green Growth
Fostering a Sustainable Partnership
This new phase in the UK-Brazil relationship, marked by the announcement of new partnerships in hydrogen transition and industry decarbonization, is a testament to the shared vision for climate, nature, and people. The partnership is already yielding results, linking esteemed institutions like the Royal Botanic Gardens Kew and Brazil’s Museum Emilio Goeldi.
Advancing Green and Inclusive Growth
A Platform for Progressive Collaboration
The UK-Brazil partnership, formalized earlier this year, is now a driving force in sectors like energy, bioeconomy, and agriculture. It serves as a platform for both countries to deepen cooperation, especially as Brazil steps into the G20 Presidency and later, COP30.
A Milestone in Climate Finance
UK’s Generous Investment in Brazil’s Amazon Fund
Coutinho proudly announced the formalization of the UK’s £80 million pledge to Brazil’s Amazon Fund, adding an extra £35 million to support Brazil’s vision for forests and people. This funding aims to recognize and aid Brazil’s efforts in forest conservation and community support.
Launching New Initiatives for Ecological Transition
UK PACT Projects and Decarbonisation Hubs
The UK and Brazil are jointly launching nine new UK PACT projects to facilitate green financing for small farmers and support Brazil’s Plan for Ecological Transition. Additionally, new Decarbonisation Hubs will catalyze support for Brazil’s industry decarbonization and hydrogen transition plans.
Emphasizing Nature’s Role in Climate Solutions
Forests and Mangroves as Key to Mitigation
Secretary Coutinho highlighted the indispensable role of forests and mangroves in achieving climate goals. Protecting these ecosystems is crucial for biodiversity, and livelihoods, and providing 30% of the mitigation needed to keep global temperature rises below 1.5 degrees.
Building on COP26’s Legacy
UK’s Continued Leadership in Nature Conservation
The UK’s focus on forests and nature during its COP26 Presidency is being energetically carried forward by the UAE for COP28. The UK is committed to working with partners, including Brazil, to advance this agenda up to COP30.
Ensuring Sustainable Development and Cooperation
The UK’s Unwavering Climate Finance Commitment
The UK is delivering on its promise of £11.6 billion in climate finance, with £3 billion dedicated to nature, including £1.5 billion for forests. New UK forest and nature programs worth £576 million were announced, exceeding the initial commitment and extending support beyond 2026.
Strengthening Global Partnerships
UK and Brazil Leading by Example
The UK’s partnership with Brazil exemplifies the power of international collaboration in addressing climate change and protecting nature. This partnership not only benefits Amazon but also sets a precedent for sustainable and inclusive environmental policies globally.
A Call to Action for Industry and Citizens
Engaging All Sectors in Climate Action
The UK-Brazil partnership underscores the need for joint efforts from governments, industry, businesses, and citizens. It’s a call to action for all stakeholders to strengthen their resolve and deepen partnerships to tackle the pressing challenges of climate change and sustainable development.
Looking Ahead: A Greener, More Sustainable Future
Joint Efforts Towards COP30 and Beyond
As the UK and Brazil prepare for future COP summits, their collaboration serves as a beacon of hope and a model for effective climate action. This partnership is a stepping stone towards a more sustainable future, emphasizing the importance of preserving our planet for generations to come.
Sources: THX News, Department for Energy Security and Net Zero & The Rt Hon Claire Coutinho MP.