CLIMATE FINANCE

Amazonian countries launch a mechanism to mobilize US$1 billion for resilient cities and infrastructure

The Ministry of Planning and Budget of Brazil and the Inter-American Development Bank also announced an innovative guarantee mechanism to support forest restoration in the Triunfo do Xingu Environmental Protection Area (PA), with an investment of US$15 million

The strategic objective is to advance investments in water security, clean energy, and resilient urban infrastructure. Photo: Ascom/IDB
The strategic objective is to advance investments in water security, clean energy, and resilient urban infrastructure. Photo: Ascom/IDB

By the Ministry of Planning and Budget

The Amazonian countries — Bolivia, Brazil, Colombia, Ecuador, Guyana, Peru, and Suriname — launched, at COP30, the 'Amazônia Sempre' Program Instrument for Resilient Cities and Infrastructure. This regional partnership seeks to mobilize more than US$1 billion to advance investments in water security, clean energy, and resilient urban infrastructure, through a multisectoral and territorially integrated approach.

The initiative, led by the Amazon Network of Ministers of Finance and Planning, was formalized through a joint declaration signed by the member countries. The pact is supported by the Inter-American Development Bank Group (IDB Group) as part of its 'Amazônia Sempre' programme, and is backed by multilateral climate funds, bilateral donors, and local leaders.

Brazil’s Minister of Planning and Budget, Simone Tebet, formalized the launch in her capacity as Chair of the Network of Ministries of Finance and Planning of the Amazonian countries.

"This important tool will enable us to address not only water and forest resources, but also urban challenges, given that cities are home to the vast majority of the Amazonian population," emphasized Tebet.

"This instrument is a practical example of the vision behind the Amazônia Sempre programme: providing people with livelihoods and jobs in cities is the most effective way to preserve the forest," stated IDB Group President Ilan Goldfajn.

Forest Restoration

Also during COP30, Brazil’s Ministry of Planning and Budget (MPO), in partnership with the Inter-American Development Bank (IDB), announced the approval of the first forest restoration guarantee in the Amazon region issued by a multilateral development bank—and the first of its kind in Brazil. The instrument, valued at US$15 million, will support restoration efforts in the Triunfo do Xingu Environmental Protection Area, located in the state of Pará.

With a duration of 20 years, the guarantee will underpin the Triunfo do Xingu Restoration Unit (URTX), a pioneering public-private partnership model for forest restoration concessions in Latin America and the Caribbean. The IDB guarantee enhances the financial security of private sector investments, catalyzes private participation in the URTX concession, and improves access to credit under favorable conditions.

During the concession period, the initiative is expected to deliver:

• 9,980 hectares of restored and conserved forests ;

• 3.7 million tonnes of CO₂ sequestered ;

• US$2.5 million invested in local communities ;

• 2,000 jobs created ;

• More than US$46 million in total investments ; 

• A boost to the bioeconomy, local value chains, and social inclusion.

Translation: Michel Emmanuel Félix François (POET/UFC)
Proofreading: Tadeu Azevedo (POET/UFC)