Oct 24, 2025
Finance, Nature, News
Political backing more important than money for new forest fund at COP30, Brazil says
The Tropical Forest Forever Facility is seeking $25bn in startup capital from donors but doesn’t need to hit this goal before its launch in Belém, Brazil’s finance ministry tells Climate Home event
Indigenous Mura people pose for a picture in a deforested area of a non-demarcated indigenous land in the Amazon rainforest near Humaita, Amazonas State, Brazil, August 20, 2019. Brazil's new forest fund will protect their land - but it doesn't need to get all the money before COP30. REUTERS/Ueslei Marcelino
Indigenous Mura people pose for a picture in a deforested area of a non-demarcated indigenous land in the Amazon rainforest near Humaita, Amazonas State, Brazil, August 20, 2019. (Photo: REUTERS/Ueslei Marcelino)
Sebastian Rodriguez
Investigations and special projects editor
Editing: Megan Rowling
The Tropical Forest Forever Facility (TFFF) – a new global fund for rainforest protection led by Brazil – can be launched successfully at COP30 with strong political backing from other countries even without reaching its $25-billion target for capital from donor governments, Brazil’s lead finance expert said.
The hope is that other countries will come forward with pledges at the UN climate summit but no minimum set amount is required for the fund to get off the ground, he emphasised.
The TFFF is being structured as a blended finance instrument that could raise $4 billion per year to help keep tropical forests standing by investing in financial markets. The fund’s concept note estimates that, as startup capital, it would need $25 billion from governments and $100 billion from private investors.
João Paulo de Resende, climate and economics advisor at Brazil’s Ministry of Finance and its lead TFFF expert, told a webinar hosted by Climate Home News on Thursday that Brazil is seeking clear political support from both donor and rainforest countries for the TFFF at COP30. It is due to be launched at a leaders’ summit in the Amazon city of Belém on November 6.
https://www.climatechangenews.com/2025/10/24/political-backing-more-important-than-money-for-new-forest-fund-at-cop30-brazil-says/
