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Bolivia 🇧🇴

Climate love

An up to $5 billion investment in Bolivia's rainforest 🌳💰💚

An up to $5 billion investment in Bolivia's rainforest was today announced by Celinda Sosa Lunda, Bolivia’s Minister of Foreign Affair, and approved by the US Securities and Exchange Commission. Private sector investors needing to reduce emissions are expected to invest. In an interview with We Don't Have Time, the minister explained: ”This is not a carbon market investment”, but a new kind of financial instrument.

Kudos to @sarah_chabane_874 for being an excellent translator=)

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  • zelda ninga

    2 w

    The kind of news we want to hear, because we want change in our environment

    • Peter Karanga

      2 w

      great way to provide economic benefits to local communities.

      1
      • We Don't Have Time

        2 w

        Dear Petter Körnemark Your climate love has received over 50 agrees! We have reached out to Bolivia 🇧🇴 by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

        1
        • Tabitha Kimani

          2 w

          Incredible!

          1
          • walter lungayi

            3 w

            This investment could have significant positive impacts on conservation efforts and sustainable development in the region. It has the potential to support local communities, protect biodiversity, and combat deforestation.

            2
            • Joseph Githinji

              3 w

              A great investment towards creating a sustainable future. It is impressive to see a $5 dollar project that does not rely on carbon markets injected in the Bolivia rainforest project.

              4
              • dickson mutai

                3 w

                It’s great to see new financial models that support the environment without relying on traditional carbon markets

                7
                • Gorffly mokua

                  3 w

                  A $5 billion investment in Bolivia's rainforest is a groundbreaking step for conservation—promising sustainable support without reliance on traditional carbon markets. 💚

                  4
                  • Princess

                    3 w

                    Done right, this could set a global standard for investing in nature and combating climate change.

                    9
                    • Annett Michuki..

                      3 w

                      Great!!

                      3

                      Re-watch all our COP29 broadcasts

                      We need to stop methane and #BuyMoreTime