The innovative climate finance model that has protected over 120 million hectares of ecosystem

The document advocates for the Project Finance for Permanence (PFP) model, a performance-based climate finance tool that secures long-term management of conservation areas through 'bridge funds' and government milestones. The authors highlight that PFP has protected over 120 million hectares across countries including Brazil, Canada, and Colombia. Specifically, Brazil's ARPA for Life PFP, which covers 62 million hectares in the Amazon, is cited as a success for reducing deforestation by 21% in protected areas and Indigenous lands between 2008 and 2020, preventing approximately 104 million tons of CO2 emissions.

• The UN Environment Programme suggests that annual financing for nature-positive efforts, currently between $124 billion and $143 billion, needs to be doubled to restore nature.
• The Project Finance for Permanence (PFP) model uses a 'bridge fund' to help governments gradually assume conservation costs over at least 10 years, contingent on meeting performance-based milestones.
• PFP initiatives have been implemented in Bhutan, Brazil, Canada, Colombia, Costa Rica, and Peru, collectively protecting more than 120 million hectares.
• Brazil's ARPA for Life PFP, launched in 2014 and covering 62 million hectares in the Amazon, provided $215 million to ensure long-term protection regardless of political changes.
• A study of the Brazilian Amazon from 2008 to 2020 found that protected areas and Indigenous lands reduced deforestation by 21%, with ARPA-supported areas preventing nearly 260,000 hectares of deforestation and 104 million tons of CO2 emissions.
• The World Economic Forum estimates that moving toward a nature-positive economy could create 395 million jobs and annual business opportunities worth $10 trillion by 2030.

APA

Roberts, C., Chicchón, A., de Sá, R. L., Morris, J., Rodríguez, C. M., Samper, C., & Urahn, S. (2023). The innovative climate finance model that has protected over 120 million hectares of ecosystem. World Economic Forum. https://www.weforum.org/stories/nature-and-biodiversity/climate-finance-pfp/

Chicago

Roberts, Carter, Avecita Chicchón, Rosa Lemos de Sá, Jennifer Morris, Carlos Manuel Rodríguez, Cristián Samper, and Sue Urahn. The innovative climate finance model that has protected over 120 million hectares of ecosystem. World Economic Forum, 2023. https://www.weforum.org/stories/nature-and-biodiversity/climate-finance-pfp/.

Wikipedia

{{cite press release |last1=Roberts |first1=Carter |last2=Chicchón |first2=Avecita |last3=de Sá |first3=Rosa Lemos |last4=Morris |first4=Jennifer |last5=Rodríguez |first5=Carlos Manuel |last6=Samper |first6=Cristián |last7=Urahn |first7=Sue |title=The innovative climate finance model that has protected over 120 million hectares of ecosystem |publisher=World Economic Forum |date=31 July 2023 |url=https://www.weforum.org/stories/nature-and-biodiversity/climate-finance-pfp/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{roberts2023innovative, author = {Roberts, Carter and Chicchón, Avecita and de Sá, Rosa Lemos and Morris, Jennifer and Rodríguez, Carlos Manuel and Samper, Cristián and Urahn, Sue}, title = {{The innovative climate finance model that has protected over 120 million hectares of ecosystem}}, publisher = {World Economic Forum}, year = {2023}, month = jul, url = {https://www.weforum.org/stories/nature-and-biodiversity/climate-finance-pfp/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }