Indigenous Leader Raoni Opposes Oil Exploration in the Amazon
Indigenous leader Raoni Metuktire has spoken out against oil drilling in the Amazon region. Representing the Kayapo people, Raoni voiced strong opposition to Petrobras’ plans. Brazil’s state oil company wants to drill offshore near the Amazonian state of Amapá. Raoni shared his concerns during Brazil’s largest Indigenous gathering, Acampamento Terra...
Brazil to Host Pre COP Talks in October
Brazil has scheduled the Pre-COP negotiations for October, just before the global climate summit, COP30, begins in Belem. The Pre-COP talks will take place in the nation’s capital, Brasilia, on October 14 and 15. These preliminary discussions are designed to help countries prepare for the main summit that will focus...
EBID and EIB Launch €100 Million Climate Action Partnership in West Africa
The ECOWAS Bank for Investment and Development (EBID) and the European Investment Bank (EIB), with the backing of the European Union (EU), have launched a €100 million financial agreement to fund climate action and environmental sustainability initiatives in the ECOWAS region. The action will enable
IFC Commits $165 Million to São Martinho for Biomethane Production and Brazil's Decarbonization Efforts
The International Finance Corporation, part of the World Bank Group, has agreed to commit as much as $165 million to invest in one of Brazil's most important producers of sugar, ethanol, and renewable energy, São Martinho S.A. The funding will be focused on the aggressive decarbonization strategy bo