In a meeting this Thursday (3), in Rio de Janeiro, the G20 environment ministers, representing the world's largest economies, signed an agreement committing to promote a transformation in the way climate adaptation is addressed. In the text, they stated they will work together to "change the narrative that climate adaptation measures are too costly and compete with development priorities to one where adaptation is a central component of social and economic development."

The document also praises Brazil's initiative to propose the Forever Tropical Forests Fund (TFFF, in English), a new mechanism that would finance countries that conserve their tropical forests. "We encourage innovative mechanisms that seek to mobilize new and diversified sources of funding to pay for ecosystem services," the agreement states, adding that the TFFF is "an innovative tool for forest conservation." The ministerial declaration will be forwarded to heads of state and government, who will meet at the G20 Summit in November. "It is a complex proposal that needs the support of all countries to be viable," said João Paulo Capobianco, executive secretary of the Ministry of the Environment and Climate Change. "Having this brought into the G20 document is extremely important."