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The side event at the G20 discusses how transitioning to ecologically sustainable practices can stimulate economic growth
Brazilian authorities unveiled the Ecological Transformation Plan, underscoring its alignment with G20 Brasil priorities. Concurrently, a forum side event delved into the synergy between ecological transformation and the economy, spotlighting their roles in fostering job creation, income generation, and enhancing living standards
Development Banks financed 125 billion dollars in climate actions in 2023
With investments worldwide, MDBs have doubled the amount of resources for climate change adaptation and mitigation actions. Almost 60% of the funds were allocated to small and middle-income countries. Expanding funding to tackle these global challenges is on the agenda of G20 Brasil.
In Belém, consensus expected on expanding access to funding for ecological transition
G20 Brasil hopes for consensus on funding for the ecological transition and substantive solutions to keep the forest and its people in balance with sustainable development. Host of COP 30, the capital of Pará is already implementing resilient infrastructure policies against the effects of the climate crisis
G20 Sustainable Finance Working Group reaches consensus: “Brasil meets 100% of its goals during the group's presidency”
All the objectives proposed by the Brazilian presidency were achieved at a technical meeting of the group held in Rio de Janeiro. Facilitating access to funding for climate finance and the adoption of principles for a just transition that proposes social justice were among the highlights.
G20 reaches agreement on making Green Funds more easily available
Discussed in Belém during this week's G20 Sustainable Finance Group conference, the initiative received excellent support and ideas for implementation. Increasing access to these resources links the Brazilian presidency of the forum to Global South nations’ demands for financing a fair ecological transition.
In light of the G20, COP Troika strives to increase funding towards tackling the climate crisis
Representatives from the United Arab Emirates, Azerbaijan, and Brasil met in Rio to discuss urgent climate action. In line with Brasil's priorities at the G20, the COP Troika advocates the combined use of public and private resources to boost funding and tackle environmental disasters.
G20 explores development banks' capacity to address 21st-century challenges
G20 side event discusses ways of leveraging climate finance and the role of development banks in tackling the global climate emergency. Debates bringing together experts, representatives of the forum's member countries and multilateral financial institutions continue on Tuesday, May 21.
At symposium, G20 Brasil seeks to deepen the debate on fair international taxation
International event in Brasilia brings together experts and representatives of international organizations and G20 member countries to debate strategies for combating inequalities and financing actions against hunger and poverty, highlighting the importance of robust tax cooperation.
'Green funds' are Brasil's target at the G20. Find out why
The Sustainable Finance Working Group has drawn up a proposal to make access to the world's four largest multilateral climate funds, the so-called 'green funds,' less bureaucratic, so that countries from the Global South can access funding for projects to combat the impacts of climate change.
