This impact story was originally published by IDH here.
The Chief of Staff of the Mato Grosso State (Civil House), Fábio Garcia, and the executive director of IDH Brazil, Daniela Mariuzzo, signed the renewal of the Memorandum of Understanding on Wednesday (30) in Cuiabá, which consolidates the commitment to support and direct investments in the PCI (Produce, Conserve and Include) Strategy and Institute in Mato Grosso.
The partnership between the state government and IDH was formalised in 2016, when the PCI Strategy became public policy. The initiative to achieve the Production, Conservation and Inclusion targets was launched at the Global Climate Conference (COP 21) in Paris.
The governance which was developed from the Strategy became robust and resulted in the creation of the PCI Institute, a private, non-profit organisation able to raise and manage public and private funds to implement sustainability measures in the field.
Since 2016, IDH has invested more than 10 million euros in Mato Grosso, including the Strategy, the PCI Institute, three Regional Compacts and programmes co-financed with the private sector, as well as supporting the State Secretariat for the Environment in implementing the Forest Code.
“We believe that Mato Grosso is very well positioned, with the PCI Institute as the main point of anchorage for resources from the private sector to finance the actions that will make it possible to achieve the established goals. The state offers countless opportunities for our way of working, which seeks to make an impact on a large scale, involving markets, farmers, companies and governments. And our role, beyond institutional support, is to build this connection and attract investors and markets,” Mariuzzo pointed out.
For the Chief of Staff of the Mato Grosso State (Civil House), Fábio Garcia, compliance with the Forest Code is key, as its tools ensure the maintenance of natural resources while guaranteeing productive rights. “This balance is what we need to develop our state. And any support and investment that is in line with this thought will be very welcome, “said Garcia.
During the meeting, the new executive director of the PCI Institute, Richard Smith, highlighted some of Mato Grosso’s achievements as a result of the implementation of the PCI Strategy. He mentioned, for instance, the funding from the REDD+ (Reducing Emissions from Deforestation and Forest Degradation) mechanism and the World Bank’s loan to the Mato Grosso government, which considered the PCI Strategy as a counterpart environmental guarantee. ” From now on, our priority will be to reassure investors that the PCI Institute meets all the requirements for managing and investing resources, Smith said.
The Produzir, Conservar e Incluir (Produce, Conserve and Include) Institute has a Board of Directors, which is entrusted with deciding on its operation, made up of representatives from the Mato Grosso State Government, the private sector (companies and organizations) and civil society. Learn more here.