Brazil

Brazil is part of CIF's Nature, People and Climate investment program, and has submitted an investment plan that was approved as part of CIF's Renewable Energy Integration investment program. 

CIF’s past investments in Brazil are through its Forest Investment Program (FIP). Among the largest and most affected of Brazil’s forests is the Cerrado — 48 percent of which has been converted from a savannah biome to areas for intensive agriculture and cattle ranching over the past 50 years. Insufficient information and monitoring of land use and cover have created pressing challenges for local and Indigenous communities as well as endeavors to preserve valuable natural resources and reduce greenhouse gas (GHG) emissions.

Brazil's $70-million FIP investment plan aims to promote sustainable management and the use of previously anthropized savannah-woods areas, maintain carbon stocks and reduce GHG emissions, as well as improve the collection and management of information on the Cerrado biome.

Through the CIF-TAF, there has been over $ 300,000 programmed for technical assistance activities in 2020. The activities aim to enhance the financial regulatory framework for promoting energy efficiency adn distributed generation investments through green finance innovation laboratories.