Unlocking forest finance in the road to 2030 - solutions dialogue (By invitation only)

Date: 17th November (Forest Day)

Time: 10h30-12h (90 minutes)

Pavillion: Blue Zone

Organized by the Ministry for Environment and Climate Change of Brazil (MMA), with United Nations Environment Programme 

Description:

Global forest finance remains far below the level required to halt and reverse deforestation and to meet the climate and biodiversity goals of the Rio Conventions, as well as the six Global Forest Goals and associated targets, by 2030. By 2023, total forest finance flows amounted to only US$84 billion per year, whereas achieving these targets - and effectively ending deforestation - will require at least US$300 billion annually, leaving a global forest finance gap of US$216 billion per year.

For tropical forest countries, home to ecosystems essential for global climate stability and whose protection avoids an estimated US$81 billion in annual GDP losses, the situation is particularly urgent. These nations will need at least US$67 billion per year in forest investment through 2030. Achieving these outcomes requires solid solutions tailored to national contexts, reflecting diverse policy frameworks, governance structures, and local priorities.

UNFCCC COP30 represents a pivotal opportunity to mobilise this ambition into action, scaling finance for forests while unlocking forest-positive economies and building a Roadmap to Halt and Reverse Deforestation by 2030. It calls for building a mutirão (a collective effort) of complementary and feasible solutions that can work in synergy to bridge the forest finance gap. The Forest Finance Roadmap has identified six key mechanisms with the greatest potential to close the gap: the Tropical Forests Forever Facility (TFFF), REDD+, Sustainable Forest Bioeconomy, Sustainable Value Chain Finance, Targeted Public Finance / Subsidy Reforms, and Sovereign Debt Management.

This high-level dialogue will serve as a solutions platform, enabling governments, civil society, and the private sector to launch, announce and connect initiatives across different forest finance mechanisms, leading to a roadmap of actions towards scaling finance and reversing deforestation. 

This event will encompass a Ministerial Roundtable followed by a High-Level Panel. And it will showcase how diverse approaches, adapted to national realities, can converge toward the shared goal of halting and reversing deforestation. The event will catalyse post-COP30 implementation and strengthen and support a global coalition for forest-positive transformation.

By invitation only