International Development and Cooperation Landscape of Climate Finance for Land Use in Brazil 2021-2023

This report analyzes international development and cooperation finance flows for land use in Brazil from 2021 to 2023, identifying multilateral development banks and international governments as the primary sources of funding, with a strong emphasis on the forest sector.

• Between 2021 and 2023, international development and cooperation provided an average of US$ 548 million per year for Brazil's climate agenda, representing 3% of total tracked flows. Multilateral development banks (MDBs) were the largest contributors at 61%, followed by international governments at 29%, with the forest sector being the primary beneficiary.
• The Inter-American Development Bank (IDB) and the World Bank were the leading MDBs, averaging US$ 331 million per year combined. The IDB mobilized 33% of international climate flows, heavily concentrated in two projects: Descarboniza Pará (US$ 300 million) and the AgroNordeste program (US$ 157 million for climate objectives). The World Bank mobilized 27% of resources, including US$ 208 million for the Brazilian Climate Finance Project in partnership with Banco do Brasil.
• International governments contributed US$ 155 million per year, with Germany and Norway providing significant support to native forests. Germany provided US$ 74 million per year, with 69% directed to the native forest sector. Norway, primarily through the Norwegian Agency for Development Cooperation (NORAD) and the International Climate and Forest Initiative (NICFI), provided US$ 44 million per year in grants and is responsible for 34% of all tracked climate grants for the land use sector in Brazil.
• The Amazon Fund, the primary climate fund for land use in Brazil, saw its operations suspended from 2019 to 2023. Following the re-establishment of its governance on January 1, 2023, it approved five projects mobilizing US$ 26 million. In 2023, the fund signed new contracts totaling US$ 145 million and announced new grants worth US$ 626 million.

APA

Climate Policy Initiative (2024). International Development and Cooperation Landscape of Climate Finance for Land Use in Brazil 2021-2023. https://www.climatepolicyinitiative.org/international-development-and-cooperation-landscape-of-climate-finance-for-land-use-in-brazil-2021-2023/

Chicago

Climate Policy Initiative. International Development and Cooperation Landscape of Climate Finance for Land Use in Brazil 2021-2023. 2024. https://www.climatepolicyinitiative.org/international-development-and-cooperation-landscape-of-climate-finance-for-land-use-in-brazil-2021-2023/.

Wikipedia

{{cite report |author=Climate Policy Initiative |title=International Development and Cooperation Landscape of Climate Finance for Land Use in Brazil 2021-2023 |date=7 November 2024 |url=https://www.climatepolicyinitiative.org/international-development-and-cooperation-landscape-of-climate-finance-for-land-use-in-brazil-2021-2023/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatepolicyinitiative2024international, author = {{Climate Policy Initiative}}, title = {{International Development and Cooperation Landscape of Climate Finance for Land Use in Brazil 2021-2023}}, institution = {Climate Policy Initiative}, year = {2024}, month = nov, url = {https://www.climatepolicyinitiative.org/international-development-and-cooperation-landscape-of-climate-finance-for-land-use-in-brazil-2021-2023/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }