PRESS RELEASE: Mangrove Breakthrough Levels Up with Brazil Endorsement, Announces Finance Facility at UNOC
The Brazilian government officially endorses the Mangrove Breakthrough at UNOC. From left to right: Mangrove Breakthrough Ambassador Carlos Correa; Brazil’s Environment Minister, Marina Silva; COP30 CEO, Ana Toni; and Ana Paula Leite Prates, Director of Ocean and Coastal Management, Brazil.
Nice, 10 June 2025 – At this week’s United Nations Ocean Conference (UNOC), the Mangrove Breakthrough secured a major endorsement from the Government of Brazil, the host of COP30. Brazil’s vast mangrove forests – the world's second-largest – are indispensable for advancing national, regional, and global environmental targets.
Brazil joins 37 other national and subnational governments in endorsing the Mangrove Breakthrough, becoming the 20th country in the Latin America and Caribbean region to do so. This endorsement of the initiative’s bold vision —to mobilize $4 billion to protect and restore 15 million hectares of mangroves by 2030—marks one of the most significant milestones for the Breakthrough to date.
"In Brazil, we've been thinking a lot about how to help people truly understand the potential of mangroves, and I believe the Mangrove Breakthrough and the Global Mangrove Alliance have done tremendous work in the last few years to give the priority that mangroves should have," said Ana Toni, CEO of UNFCCC COP30 at the event, Uniting for Impact: Building Strategic Partnerships to Achieve the Mangrove Breakthrough's Goals. "We want COP30 to be a big opportunity for advancing oceans and mangroves —and I believe, together, we can make that happen, from Nice to Belém."
Brazil’s national endorsement paves the way for additional Brazilian coastal states, including those that are part of the Amazon mangrove ecosystem, to endorse with their own subnational commitments to the protection and restoration of mangroves.
An anhinga among the mangroves in Resex Soure, Pará, Brazil. Photo Credit: Enrico Marone, Rare
Presenting the Mangrove Finance Facility
This week also saw the unveiling of the Mangrove Finance Facility (MFF)—a new structure to accelerate capital flows into mangrove protection and restoration. The MFF is designed to mobilize large-scale, long-term investment to halt mangrove loss, restore degraded ecosystems, and protect remaining mangrove areas worldwide.
The first step will be to launch a regional bond series, combined with a Project Assistance facility, utilizing blended finance tools in Southeast Asia, Latin America, and Africa.
This approach is complemented by building a robust project pipeline through country propositions led by the GMA, forging partnerships with Restor and Capital for Climate, and strengthening the capacities of Financial Institutions and project developers regarding mangrove-positive businesses.
The Breakthrough team is also developing a dedicated Technical Assistance (TA) Facility. The TA facility will provide support for project preparation, risk mitigation, and pipeline development through tailored investment guidance, market readiness tools, and the capacity building of local financial institutions.
“We believe the Mangrove Finance Facility will be a game changer in reaching our $4 billion goal for mangrove-positive finance,” said Ignace Beguin Billecocq, Executive Director of the Mangrove Breakthrough. “By pairing regional bond structures with a robust technical assistance facility, we can unlock scalable, long-term investment to stop loss, restore ecosystems, and protect existing mangroves.”
The UNOC conference also kicked off the first stop of a six-month Investor Roadshow to present curated, high-impact investment opportunities aligned with the Mangrove Breakthrough Financial Roadmap. In the months ahead, the Breakthrough will bring its finance work to London Climate Week (June 21–29), Abu Dhabi (September), New York Climate Week (Sept. 21–28), Singapore, and the UNFCCC COP30 in Belém (Nov. 10–21).
Mobilizing the Mangrove Breakthrough
To help build a robust global pipeline of fundable flagship initiatives for large-scale, sustainable mangrove management and restoration, the Global Mangrove Alliance presented initial drafts of its first three country propositions for bold mangrove action in Mexico, Indonesia, and Guinea-Bissau, for consideration by potential contributors to deliver the Breakthrough. The proposals are backed by regional reports for Asia, the Americas, and West Africa, which will be published in the next few months. These reports map opportunities and priority areas for action, offering clear guidance on where and how to invest in mangrove conservation and restoration.
“The national proposals drive ambitious yet achievable action on the ground and are designed to overcome barriers to large-scale mangrove conservation and restoration, tailored to the local context and building on local and scientific best practices,” said Pieter van Eijk, Programme Head, Coasts & Deltas at Wetlands International. “As we refine our proposals with local stakeholders, we now have the building blocks for a robust global pipeline of mangrove-positive projects.”
The Breakthrough is also advancing in its goal to map and track mangrove actions and investment opportunities worldwide. We are announcing a partnership with Restor and Capital for Climate.
“To unlock meaningful investment in mangrove restoration, we must first build a credible pipeline of high-quality projects rooted in world-class science,” said Thomas Elliott, CEO of Restor. “By combining ecological data with local insights, Restor is helping identify where restoration is most viable, what interventions are most effective, and how to track outcomes over time - laying the foundation for more investable portfolios that deliver real impact for people, nature, and climate.”
Bloomberg Philanthropies announces support for Breakthrough, COP30 Agenda
Bloomberg Philanthropies has announced expanded support for Brazil’s climate and nature goals through a strengthened partnership with the COP30 Presidency. As part of this commitment, Bloomberg is backing the Global Mangrove Alliance to advance new national and subnational Mangrove Breakthrough endorsements at COP30 in Belém to build momentum, unlock investment, and position mangroves as a central climate solution on the road to COP31, and is also supporting GMA member Rare to partner with local and Indigenous communities in Pará and Amapá to conserve and restore mangrove ecosystems.
“The communities that live near and depend on Brazil’s mangroves are their most effective stewards and their best champions, but they often lack the rights and resources to protect them effectively,” said Monique Galvão, Vice President of Rare Brasil. “This investment from Bloomberg Philanthropies will provide critical support to the frontlines of climate action, while also accelerating global political momentum and unlocking investment in mangrove conservation.”
Learn more about the exciting announcement here.
About the Mangrove Breakthrough
The Mangrove Breakthrough is a global movement to reshape how mangroves are valued, financed, and protected. It brings together governments, investors, civil society, and local communities to drive system-wide change, —mobilizing $4 billion to secure the future of over 15 million hectares of mangroves by 2030. This isn’t just a conservation effort, —it’s a blueprint for how nature can be integrated into global economic and climate systems.
The Breakthrough was launched at COP27 and brought together governments, non-governmental organizations (NGOs), researchers, and financiers to mobilize collectively around four actions, building off the guiding principles developed by the Global Mangrove Alliance
1. Reduce net mangrove losses driven by humans to 0
2. Ensure long-term protection for 80% of remaining mangroves
3. Restore mangroves to cover at least half of all recent loss
4. Drive sustainable finance to existing mangrove extent
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Media Inquiries
Sam Goodman
Communications Director, Mangrove Breakthrough
sam.goodman@ambitionloop.earth
+57 310 481 5586
Susanna Tol
Senior Communications Officer
Wetlands International
susanna.tol@wetlands.org
Connor Nickerson Wheatley
Communications Manager, Climate and Ocean
Global Mangrove Alliance
connor.wheatley@tnc.org
+1 770-653-0422
