Climate financing depends on innovation, says Melo

by Andrea
0 comments

The evaluation of National Secretary of Climate Change of MMA (Ministry of the Environment)Aloísio Melo, is that innovation is necessary to make the schedule of the Climate financing “Draw”.

The authority has mainly drawn attention to the debt issue of emerging countries, indicating that investment tools to combat climate change will need to adapt to this scenario and no longer sink the accounts of these nations.

The Secretary participates on Tuesday (8) of the CNN Talks: COP30 – Climate Resilience: Regulation and Financing. The event is held in collaboration with the Infra.

.

The MMA secretary highlighted the need to create conditions of attractiveness for investment to occur in developing countries and multilateral banks seek to create specific instruments to make money reach these economies.

This weekend of BRICS meetings, China committed itself to the Tfff (Tropical Forest Background). Melo assessed that the fund “comes up with an approach that it is possible to have predictable and stable resources [para o financiamento climático]”.

The secretary stated that the fund’s operating mechanisms are already aligned, and what is missing now is to ensure that countries and large investors do the minimum necessary to start running. The initial estimate is to capture $ 25 billion.

source

You may also like

Our Company

News USA and Northern BC: current events, analysis, and key topics of the day. Stay informed about the most important news and events in the region

Latest News

@2024 – All Right Reserved LNG in Northern BC