Climate change activities bring Indigenous leaders together at COP30 for recent discussions about Everland’s Indigenous Amazon Outcome Bond initiative

Everland was honored to convene two gatherings of Indigenous leaders at COP30 – bringing key stakeholders of the Indigenous Amazon Outcome Bond initiative together in dialogue shaped by representatives of Indigenous and traditional communities who are considering participating. 

So far, projects representing nearly 90,000 Indigenous and traditional community members across 17 million hectares of pan-Amazonian rainforest have expressed their interest. Leaders of many of these communities spoke at the two events, setting out their priorities, their challenges, as well as their motivations for engaging with the initiative.

“At COP30, Indigenous leaders spoke with one voice: the world must stop the destruction of our forests, the exploitation of our peoples, and the erasure of our cultures,” said Chief Almir Suruí, Chief of the Paiter Suruí People who spoke at both events.

“There is a path forward – but it is narrow and urgent. It requires immediate, real resources, delivered in the way we have long called for: directly to our communities and under our leadership. We are turning to the Indigenous Amazon Outcome Bond to finance our REDD+ projects, and to the Equitable Earth Standard for credible verification of real conservation results, because these approaches respect our right to design and control our own solutions, and ensure that finance reaches our territories – not top-down systems built far from the forest, where funds disappear into distant institutions and our communities are left with empty hands.”  

Overall, it’s been a crucial few weeks for Indigenous-centered forest conservation. 

Ultimately, the initiative aims to provide $50 million in upfront capital to launch up to 20 new Indigenous-centered forest conservation projects in the Amazon to be verified by Equitable Earth. The sale of carbon credits from these projects is expected to channel more than $1 billion to the projects over their first ten years, with communities receiving the majority of this revenue to invest in their own self-determined goals. For all projects in Brazil, communities will receive at least 70% of carbon credit revenue.

Equitable Earth announced the launch of its new forest conservation methodology, and The Wall Street Journal reported that Everland has already secured Letters of Intent totalling $160 million from companies seeking to purchase carbon credits from the Indigenous Amazon Outcome Bond initiative’s portfolio of projects. 

Read more: 

https://everland.earth/news/everland-honored-to-participate-in-indigenous-events-at-cop30/