"Brazil is set to launch the TFFF at COP30, a new approach to unlock conservation funding."
"Brazil's president Luiz Inácio Lula da Silva announced a $1 billion investment in the Tropical Forest Forever Facility (TFFF) to support forest conservation this week at a United Nations event in New York.
It is the first commitment made to the planned multilateral funding mechanism that Brazil plans to launch at the U.N. Climate Summit, which it is hosting in November in the Amazon city of Belém.
"If tropical forests hit tipping points, the effect of these catastrophes will not be felt just in Belém, Kinshasa or Jakarta," Lula said. "Their degradation would compromise the global climate balance in an irreversible manner."
Brazil's contribution is conditioned other countries joining, according to the TFFF's media office."
Andre Cabette Fabio reports for Thomson Reuters Foundation September 26, 2025.
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