ECLAC Assesses Performance of Brazil’s National Climate Change Fund

The Economic Commission for Latin America and the Caribbean (ECLAC) has published a report assessing the performance and contributions of Brazil’s National Climate Change Fund (known by the Portuguese acronym FNMC) as an instrument of the National Climate Change Policy (PNMC) and analysing its positive aspects, limitations and lessons learned. The Avaliação do Fundo Clima document (available only in Portuguese) highlights the fact that Brazil is one of only a few countries in the world to have its own instrument for funding climate change policies. “The country recognizes the need for resour…