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Brazil is poised to become the first country to invest in the “Tropical Forests Forever Facility” (TFFF), a newly proposed multilateral fund focused on conserving endangered tropical forests worldwide. According to sources, President Luiz Inácio Lula da Silva plans to announce Brazil’s initial contribution at the United Nations in New York, a step intended to encourage other nations, both developed and developing, to follow suit.
The TFFF, which Brazil helped propose, aims to serve as a major deliverable at COP30, the U.N. Climate Summit that Brazil will host in Belem this November. The fund has ambitious targets: total capital of around US$125 billion, combining public, governmental and sovereign, funding with private sector and philanthropic contributions. Brazil’s portion is expected to be “considerable,” though the precise sum remains under wraps. Its investment is intended as a benchmark to inspire further contributions from other countries.
Some countries, including China, are reported as having expressed interest in contributing to the TFFF. While China’s finance minister has engaged in discussions with Brazilian counterparts, details on the amount or nature of China’s participation are still unclear. Other nations such as the United Kingdom, France, Germany, Norway, Singapore, and the United Arab Emirates have also reportedly shown early support for the fund.
The TFFF’s proposed model is structured similarly to an endowment: it would distribute annual stipends to rainforest countries based partly on how much of their intact tropical forest remains. Brazil, which hosts the largest tropical rainforest in the world, stands to receive one of the largest payouts under this scheme.
Brazil’s move to invest is being described by insiders as putting “money where their mouth is,” a signal that the country believes in the proposal enough to take risk first. The hope is that its lead contribution will unlock greater pledges from other governments and major philanthropies and help attract significant private investment.
As the date for COP30 draws closer, Brazil’s announcement could mark a turning point in global climate finance, showing that forest conservation is not just a policy ambition but a funded priority, and that tropical forest protection could become a central pillar of international climate cooperation.
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