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A statement by several organizations urging the G-20, under Brazil's presidency, to operationalize a bioeconomy through high-level principles and increased financing to promote climate and nature-positive economic models.

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  • Brazil has established a Bioeconomy Initiative during its G-20 presidency focused on three pillars: science, technology and innovation; sustainable use of biodiversity; and the role of bioeconomy in sustainable development. The goal is to develop high-level principles to align member economies toward equity and sustainability, which are expected to be included in the Rio Declaration in November.
  • There is a significant gap in climate financing. While the Climate Policy Initiative estimates a need for US$ 8.1 trillion annually starting in 2030, the average annual value between 2021 and 2022 was US$ 1.3 trillion, representing only 1% of global GDP.
  • A group of 21 organizations from the private sector, academia, and NGOs is supporting the Bioeconomy Initiative. This group released a preliminary survey on G-20 bioeconomy strategies in May and plans to launch a study on financing challenges and solutions in September to inform the Biodiversity Conference in Colombia and COP-30 in Belém.
  • The document argues that the bioeconomy can allow nature-rich countries, particularly in the Global South, to generate wealth and reduce inequalities by treating biodiversity as a driver of development models.

Cite the original document

APA
Ferraz, L. M. P. G. J. S. T. (2024). Finanças e bioeconomia: a hora da ação no G-20. Climate Policy Initiative. https://www.climatepolicyinitiative.org/pt-br/news/financas-e-bioeconomia-a-hora-da-acao-no-g-20/
Chicago
Ferraz, Luana Maia, Paulo Guerra, Juliana Simões, Thais. Finanças e bioeconomia: a hora da ação no G-20. Climate Policy Initiative, 2024. https://www.climatepolicyinitiative.org/pt-br/news/financas-e-bioeconomia-a-hora-da-acao-no-g-20/.
Wikipedia
{{cite press release |last1=Ferraz |first1=Luana Maia, Paulo Guerra, Juliana Simões, Thais |title=Finanças e bioeconomia: a hora da ação no G-20 |publisher=Climate Policy Initiative |date=26 July 2024 |url=https://www.climatepolicyinitiative.org/pt-br/news/financas-e-bioeconomia-a-hora-da-acao-no-g-20/ |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@misc{ferraz2024finanas, author = {Ferraz, Luana Maia, Paulo Guerra, Juliana Simões, Thais}, title = {{Finanças e bioeconomia: a hora da ação no G-20}}, publisher = {Climate Policy Initiative}, year = {2024}, month = jul, url = {https://www.climatepolicyinitiative.org/pt-br/news/financas-e-bioeconomia-a-hora-da-acao-no-g-20/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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