At the UN session in New York, Brazil’s President Lula pledged USD 1 billion to the Tropical Forests Forever Facility (TFFF). The fund aims to conserve tropical forests worldwide and will be officially launched at COP30.
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- Brazil pledges USD 1 billion to TFFF, first global contributor
- Announcement made at UN session, ahead of COP30 in Belem
- Fund incentivises countries to conserve forests, prevent deforestation
- TFFF aims to raise USD 125 billion in total, in phases
- First stage: USD 25 billion from donations and philanthropy
- Remaining USD 100 billion expected from private sector participation
- TFFF pays USD 4 per hectare preserved, 20% for indigenous communities
- Tropical Forest Investment Fund (TFIF) generates income from low-risk investments
- Satellite monitoring to track forest protection and land loss
- China, France, UK, Germany have expressed interest; contributions pending
- Critics warn of transparency issues and proper fund allocation to local communities




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