Insight and Takeaways from Indigenous Peoples COP30 Priorities Webinar
Tallgrass Institute published insights and takeaways from the October 28 webinar, Investor Briefing on Indigenous Peoples’ COP30 Priorities. Indigenous leaders and investment experts discussed key priorities and investor stewardship recommendations, including no-go zones, FPIC due diligence, direct funding of Indigenous climate action, and more.
The webinar featured Emil Sirén Gualinga, International Advocacy and Finance Advisor at Quipa, Edson Krenak, Brazil Program Manager at Cultural Survival, and Nabylah Abo Dehman, Head of Stewardship, Social Issues and Human Rights at PRI Advance, and was moderated by Kate R. Finn, Founder & Executive Director of Tallgrass Institute.
Highlights from the webinar:
Indigenous Peoples' leadership is “fundamental to its legitimacy and effectiveness” of climate action.
Direct climate funding is critical because only 2.1% of international climate funding goes to Indigenous Peoples.
With approximately 100 uncontacted Indigenous communities in the Amazon region of Brazil, demarking exploitation-free areas, aka no-go zones is integral to protecting life, rights, and ecosystems from extractive activities.
Indigenous Peoples’ territorial governance is paramount for effective climate action given Indigenous lands and soils sequester some 300 trillion tons of carbon ,or 33 times the global emissions in 2017.
Investors conducting due diligence should assume companies have not obtained FPIC for projects in the Amazon region and Indigenous Peoples’ territories.
Shareholders often do not hear about Indigenous Peoples until risks manifest. Thus Investors need to be persistent in engagements for long-term results and do the necessary pre-work of understanding Indigenous Peoples’ lived realities and community demands.