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Brazil is backing the creation of a global investment fund that would reward tropical countries for every hectare of forest they protect each year. During an event in new york, president luiz inácio lula da silva announced that brazil will be the first country to invest us$ 1 billion in the tropical forests forever fund (tfff), an international initiative that seeks to financially reward countries that keep their forests standing. Brazil’s leader, president luiz inácio lula da silva, says he wants the future of the amazon rainforest to be built around a major fund that will pay countries to keep their forests standing.

At cop30 in brazil, a major global initiative called the tropical forests forever facility (tfff) is being launched to incentivise rainforest protection The decision makes it harder for brazil, the summit host, to raise $125 billion toward the fund that’s designed to protect tropical forests. The plan seeks $125 billion in public and.

The tropical forest forever facility (tfff) — a proposed $125 billion fund to conserve tropical forests worldwide — was developed by brazil in 2023, and pushed forward in 2024 at the un.

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