CIF Endorses $143 Million for Nature in Brazil, Kenya, and Zambezi River Basin

The Climate Investment Funds (CIF) endorsed $143 million in funding for Brazil, Kenya, and the Zambezi River Basin Region, including Malawi, Mozambique, Namibia, Tanzania, and Zambia. This funding is part of CIF’s Nature, People, and Climate program, which aims to pioneer nature-based solutions for sustainable development. Brazil’s plan includes $47 million in CIF funding to restore 54,000 hectares of forest, create 21,000 jobs, and address deforestation. Kenya’s plan, with $35.66 million in CIF funding, focuses on ecotourism and supporting Indigenous communities. The Zambezi River Basin plan, with $60.35 million, aims to mobilize co-financing and promote carbon markets.