E/2024/43 E/C.19/2024/8 129. The Forum regrets that Indigenous Peoples living in environmental ecosystems and latitudes other than tropical and subtropical forests are ineligible for funding, including the $1.7 billion pledge made at the twenty-sixth session of the Conference of the Parties to the United Nations Framework Convention on Climate Change. The Forum advises the Forest Tenure Funders Group to promote a dialogue with United Nations mechanisms on the rights of Indigenous Peoples when defining the ongoing and future process of funding for Indigenous Peoples. 130. Despite the many good and innovative funder practices, there is still s cope for private philanthropists and bilateral and multilateral donors to ensure a rights -based approach to funding, in conformity with the Declaration. 131. The Permanent Forum recognizes the need for more accountability and transparency of funding for Indigenous Peoples, as only a small fraction of international funding is directed to Indigenous Peoples and, when it is, such funding is directed through multilateral agencies, large environmental and conservation non-governmental organizations and other non-Indigenous intermediaries. Indigenous Peoples have a right to the financing of their environmental work. 132. The Permanent Forum urges Member States and financial institutions to enhance direct financial support for Indigenous Peoples-led projects with funding mechanisms that are equitable, non-discriminatory, accessible, flexible and responsive to Indigenous Peoples’ self-determined priorities across all seven sociocultural regions, without political impediments that could obstruct fair resource allocation. Such support should empower Indigenous Peoples to manage their environmental resources and engage in sustainable economic activities without reliance on intermediaries. 133. The Permanent Forum recognizes the efforts of the Green Climate Fund and its Indigenous Peoples’ advisory group, and recommends that the Fund develop a road map for dedicated, predictable funding for Indigenous Peoples, including through capacity-building at the national level to ensure that the Fund’s Readiness and Preparatory Support Programme 2 supports Indigenous Peoples. The Forum requests a progress report at its next session in 2025. 134. The Permanent Forum recognizes the importance of financing for Indigenous Peoples and appreciates the Global Environment Facility’s target o f allocating 20 per cent of its funds to support initiatives for Indigenous Peoples. The Forum urges the Facility to create direct financing mechanisms for Indigenous Peoples. 135. The Permanent Forum recommends that Member States strengthen and implement legal and institutional frameworks that recognize and protect the rights of Indigenous Peoples to their lands, territories and resources and ensure their participation in decision-making processes. Such frameworks should adhere to the Declaration and Indigenous and Tribal Peoples Convention, 1989 (No. 169) of the International Labour Organization, ensuring Indigenous Peoples’ free, prior and informed consent when development, environment, biodiversity and climate change programmes and projects are conducted on their lands and territories. 136. The Permanent Forum emphasizes the need for improved data collection and transparency in distributing funds designated for Indigenous Peoples. Such improvements will facilitate better tracking of financial flows and e nsure that investments are aligned with the priorities identified by Indigenous Peoples, thus enhancing the accountability and effectiveness of funded projects. 137. The Permanent Forum reiterates its calls to Member States and international organizations to include Indigenous Peoples actively in policymaking forums and __________________ 2 24-07820 https://www.greenclimate.fund/readiness. 21/28