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The fate of flying rivers could decide Amazon ‘tipping point,’ report says

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Experts often warn about the “tipping point” for the Amazon, a scenario in which the rainforest collapses into a drier, less biodiverse savanna ecosystem. But the term “tipping point” is sometimes misunderstood or generalized, some experts say, suggesting that there will be an instant change to the biome from one day to the next. In reality, the transition from rainforest to savanna won’t be a single incident, but rather a gradual process happening at different rates across the region, multiple studies show. Some conservationists say there’s still a fundamental confusion within the general public about what the “tipping point” would look like, and what can be done about it. “For the most part, if you’re reading about the tipping point, you’re left with the impression that it’s like a single event, and that when the Amazon reaches that tipping point, it’s going to go from rainforest to savanna,” Matt Finer, director and senior research specialist of Amazon Conservation’s Monitoring of the Andes Amazon Project (MAAP), told Mongabay. “Very rarely do you get the nuance that it’s much more complicated than that.” The MAAP team wanted to clarify the way the Amazon tipping point works, and to explain the science to a general readership who might not have access to the latest research. The team combined numerous studies to create a series of maps, revealing that not all parts of the Amazon have the same risk level. One of the main factors influencing the tipping point is how water moves within the…This article was originally published on Mongabay

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Brazil leads push for novel forest finance mechanism ahead of COP30 summit

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As nations struggled during Climate Week (Sept 21-28) in New York City to increase their emission-reduction pledges to slow the alarming rate of global warming, Brazil stepped forward to support and showcase a novel, innovative plan of its own design to incentivize the protection of carbon-absorbing tropical forests around the world. Representatives from more than two dozen countries looked on at the United Nations on Tuesday, September 23, as Brazilian President Luiz Inácio Lula da Silva announced that his nation will invest the first $1 billion in the Tropical Forest Forever Facility (TFFF), a planned $125 billion fund that Lula and Brazilian finance experts first described in 2023. “TFFF is an unprecedented tool in this fight against climate change,” said Lula, emphasizing that Brazil is leading by example. “Tropical forests are critical to keeping alive the [goal] of limiting global warming to 1.5° [Fahrenheit above pre-industrial levels]. The TFFF is not a charity; it’s an investment in humanity and the planet to counter the threat of climate chaos.” The fund — in which $25 billion is to come initially from sovereign nations, with $100 billion coming later from private investors — is expected to be a centerpiece of the 30th UN climate summit (COP30) in Belém, Brazil from Nov. 10-21. Described as a climate-action fund like no other, TFFF will work in ways similar to how banks operate as lenders. Instead of donations, the billions committed will be invested in capital markets with investors receiving an estimated annual return of…This article was originally published on Mongabay
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Brazil leads push for novel forest finance mechanism ahead of COP30 summit

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This post was originally published on this site.

As nations struggled during Climate Week (Sept 21-28) in New York City to increase their emission-reduction pledges to slow the alarming rate of global warming, Brazil stepped forward to support and showcase a novel, innovative plan of its own design to incentivize the protection of carbon-absorbing tropical forests around the world. Representatives from more than two dozen countries looked on at the United Nations on Tuesday, September 23, as Brazilian President Luiz Inácio Lula da Silva announced that his nation will invest the first $1 billion in the Tropical Forest Forever Facility (TFFF), a planned $125 billion fund that Lula and Brazilian finance experts first described in 2023. “TFFF is an unprecedented tool in this fight against climate change,” said Lula, emphasizing that Brazil is leading by example. “Tropical forests are critical to keeping alive the [goal] of limiting global warming to 1.5° [Fahrenheit above pre-industrial levels]. The TFFF is not a charity; it’s an investment in humanity and the planet to counter the threat of climate chaos.” The fund — in which $25 billion is to come initially from sovereign nations, with $100 billion coming later from private investors — is expected to be a centerpiece of the 30th UN climate summit (COP30) in Belém, Brazil from Nov. 10-21. Described as a climate-action fund like no other, TFFF will work in ways similar to how banks operate as lenders. Instead of donations, the billions committed will be invested in capital markets with investors receiving an estimated annual return of…This article was originally published on Mongabay
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Environment

Brazil leads push for novel forest finance mechanism ahead of COP30 summit

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This post was originally published on this site.

As nations struggled during Climate Week (Sept 21-28) in New York City to increase their emission-reduction pledges to slow the alarming rate of global warming, Brazil stepped forward to support and showcase a novel, innovative plan of its own design to incentivize the protection of carbon-absorbing tropical forests around the world. Representatives from more than two dozen countries looked on at the United Nations on Tuesday, September 23, as Brazilian President Luiz Inácio Lula da Silva announced that his nation will invest the first $1 billion in the Tropical Forest Forever Facility (TFFF), a planned $125 billion fund that Lula and Brazilian finance experts first described in 2023. “TFFF is an unprecedented tool in this fight against climate change,” said Lula, emphasizing that Brazil is leading by example. “Tropical forests are critical to keeping alive the [goal] of limiting global warming to 1.5° [Fahrenheit above pre-industrial levels]. The TFFF is not a charity; it’s an investment in humanity and the planet to counter the threat of climate chaos.” The fund — in which $25 billion is to come initially from sovereign nations, with $100 billion coming later from private investors — is expected to be a centerpiece of the 30th UN climate summit (COP30) in Belém, Brazil from Nov. 10-21. Described as a climate-action fund like no other, TFFF will work in ways similar to how banks operate as lenders. Instead of donations, the billions committed will be invested in capital markets with investors receiving an estimated annual return of…This article was originally published on Mongabay
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