2024 Brazil Nature-based Solutions Investment Summit
The 2024 Brazil Nature-based Solutions Investment Summit, was organized in partnership with Converge Capital as part of the inaugural Brazil Climate Investment Week (May, 21-23). The invite-only event was tailored to key investors and Brazil’s top NbS business leaders, with a focus on the investment case for NbS within Brazil’s climate transition plan. The day began with macro opportunity and context setting sessions on the policy context, risk management, and catalytic finance. Descriptions and videos of the panels are below, with links to our NbS Investment Intelligence Platform, where you can watch subtitled videos of each panel.
5 minute recap: The 2024 Brazil NbS Investment Summit
Learn about the purpose, subject matter, and impact of the summit, and hear from participants about the importance of NbS investment to the climate transition in Brazil.
Government Priorities for Sustainable Economic Development and Initiatives in NbS
A conversation with representatives from the Ministry of Finance and the Ministry of Development, Industry, Commerce and Services to discuss how Brazil’s Net Zero Economic Development Policies are shaping the country to be the leading NbS investment market, globally.
Featuring:
Patricia Ellen: Co-Founder AYA Earth Partners & AYA Institute
Lucas Ramalho Maciel: Director of New Economies Ministry of Development, Industry, Commerce and Services
Vinícius Barbosa de Salles Azeredo: Sustainable Finance, Secretariat for International Affairs Ministry of Finance
The Emerging Policy and Regulatory Context
The panel aims to provide an executive overview of Brazil's regulatory landscape framing NbS investment, encompassing legislation such as the carbon market bill, environmental services bill, the state of land titling, as well as regulations governing forest and degraded pasture land concessions and opportunities.
Featuring:
Natalie Unterstell: President, Talanoa Institute
Caroline Prolo: Partner, Fama re.capital
Garo Batmanian: General Director, Forest Service of the Ministry of the Environment
Tim Steinweg: Head of Stewardship, Nature UN Principles for Responsible Investment
Antonio Reis: Partner, Mattos Filho
Raul Protázio: Deputy Secretary of the Environment State of Pará
The Investment Environment
The panel aims to address common risk management issues that international investors consider when investing in Brazil, including investment structures, currency risk, high-integrity data, land tenure and the role of insurance. Managing these issues is key to unlocking capital flow to NbS investments.
Featuring:
Marcello Brito: Executive Secretary, Amazon States Consortium
Rafael Lima: Financial Markets Lead Specialist, IDB
Marina Procknor: Partner, Mattos Filho
Valmir Ortega: Founder, Belterra
Thiago Lang: Head of Specialties, AON
Maria Belen Losada: Head of Carbon Solutions, Itaú
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Special Appearance by Puninda Thind
This special appearance by UN Climate Champion Puninda Thind highlighted the importance of Brazil's Nature-based Solutions market in the global fight against climate change.
Puninda Thind: Finance Nature Lead, The Climate Change High-Level Champions
Catalytic & Blended Finance
The panel discusses how blended and catalytic finance structures are being developed and utilized in scaling NbS business models in Brazil, highlighting successful initiatives and case study examples.
Featuring:
Andre Carvalhal: Head of Credit Funds and Blended Finance, BNDES
Andrea Azevedo: Executive Director, Fundo pela Amazônia , JBS
Gustavo Luz: Head of Fundo Vale, Vale
Philipe Käfer: Brazil Program Lead, Global Innovation Lab for Climate Finance Viviane Otsubo Kwon: Head of NbS, Santander
Thais Ferraz: Program Director, ICS
Reflections and Moving Forward
Former Finance Minister of Brazil and current Chair of GFANZ Brazil, Joaquim Levy, provides a reflection on the morning’s panels, the Brazilian NbS investment landscape and his thoughts on the way forward.
Featuring:
Joaquim Levy: Chair, GFANZ Brazil
The Brazilian NbS Capital Value Chain & The NbS 360 Platform
The Brazilian NbS Capital Value Chain is a partnership between Capital for Climate and Deloitte to develop a study that tracks and analyzes capital flow into NbS investments in Brazil. Capital for Climate will provide updates on exciting developments in its NbS investment platform.
Featuring:
James Allen: Director, Olab
Luiz Paulo Assis: Partner, Financial Advisory Deloitte
Tony Lent: Co-Founder Capital for Climate
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EcoInvest and its Currency Hedge Financial Instruments in Development to Scale the NbS Sector
This panel convenes selected international and local fund managers and project developers, providing the National Treasury, IDB, and Banco do Brasil with the opportunity to outline Ecoinvest Hedging Program, its structured products, eligibility criteria, as well as the respective timelines for each section of the program.
Featuring:
Mario Gouvea de Almeida: Chief Economic Advisor, National Treasury
Rafael Lima: Financial Markets Lead Specialist, IDB
Henrique Vasconcellos: Sustainable Finance Executive Manager, Banco do Brasil
Bruno Cesar da Silva Nunes: Executive Manager of Global Treasury, Banco do Brasil
Tony Lent: Co-Founder, Capital for Climate
Viviane Behar de Castro: Senior Advisor, Capital for Climate
