I agree that climate change is one of the biggest challenges humanity will face in the coming years. All research around the world indicates that it will have very drastic effects on food production, rainfall patterns and the occurrence of natural disasters, to name just a few. And once again, the most disadvantaged and vulnerable part of society will be the ones to suffer the consequences. Those working to solve social and environmental problems cannot close their eyes to this reality. It is a problem of the present, no longer of the future. We are experiencing a climate emergency where social inequalities will be even more profound. It is urgent that we think of solutions and ways to minimize the inevitable impacts that lie ahead.

We are experiencing a climate emergency where social inequalities will be even more profound.

This is a very relevant topic to be discussed within the scope of Latimpacto. Through a Venture Philanthropy approach, we can seek solutions to reduce emissions and enable climate adaptation for the people who will be affected. The potential for connections and mobilization of financial resources that Latimpacto presents in Latin America and beyond, in Europe and Asia, allows us to promote a qualified discussion and think of collective impacts to address the issue. In Brazil, we have some movements led by philanthropy that are already thinking of solutions to keep the Amazon without deforestation, standing. The rainforest is one of the planet's great carbon reservoirs and has a direct impact on climate change. The potential of the economy of biodiversity and traditional peoples always appears as an alternative that unites environmental conservation and income generation. But to strengthen this bioeconomy, we need both philanthropic and market resources. The contribution of philanthropy can make a difference, for sure, especially with an approach that brings together financial contributions, technical assistance and impact measurement. Given that the Amazon rainforest spans nine countries in the region, we have the opportunity to create within Latimpacto a collective regional impact initiative around the bioeconomy and climate change.