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Last month, US President Joe Biden pledged $500 million to Brazil’s Amazon Fund to halt deforestation in Brazil, calling forests “the key to our future.” After losing an area of forest greater than the size
For indigenous and local communities, climate finance is often an unwelcoming space. Climate finance programs are technical, with complicated methodologies and legal agreements. Most do not disperse funds directly to indigenous peoples and local communities
Indigenous organizations expressed support for a new Territorial Governance Facility being created to channel climate funds directly to the indigenous territories where they are most needed.