Ecuador signs deal for $30m in climate finance from LEAF Coalition
Ecuador has become the first country in the Amazon region to sign an agreement with the LEAF Coalition to access climate finance. This agreement, worth $30 million, recognizes and rewards the country’s efforts to reduce greenhouse gas (GHG) emissions in the forestry sector.
The agreement was confirmed today at a ceremony in the Amazon city of Puyo, attended by Ecuador’s President Daniel Noboa, Inés María Manzano Minister of Environment, Water and Ecological Transition, representatives of Indigenous, Afro-Ecuadorian and Montubio peoples, Emergent and Norway’s Ambassador to Ecuador.