Search Climate Insights Directory

International climate finance to Brazil averaged R$ 26.6 billion per year in 2021–2022, an 84% increase from 2019–2020. Growth was primarily driven by the energy sector, specifically solar and wind power, and a significant rise in private commercial financing. While Western Europe, led by France, was the primary source, the AFOLU sector—responsible for most of Brazil's emissions—received only 11% of total funding, mostly through public multilateral sources.

Between 2021 and 2023, Brazil's bioeconomy received an average of R$ 16.6 billion annually, with 74% of funds concentrated in planted forests and bioenergy/biofuels. While domestic private sources provided 69% of the total, significant gaps exist in funding for native forests and biodiversity products, particularly in the North region. Innovative instruments like thematic bonds and CBIOs drive the majority of the funding, but these are limited to the most industrial bioeconomy sectors.

The strategy aims to integrate the private sector into Saint Lucia's National Adaptation Plan (NAP) by educating businesses on climate risks, facilitating access to finance, and promoting public-private partnerships (PPPs). It maps the domestic economy, which is dominated by micro-businesses and the services sector, and proposes a four-step engagement cycle: initiate, inform, incorporate, and involve. Key priorities include climate-proofing the tourism, agriculture, and infrastructure sectors, and exploring innovative financing such as green and blue bonds.