Could lack of money sink TFFF rainforest fund before it even launches?
23 hours ago
The world's tropical forests play a vital role in slowing global heating and preserving biodiversity, storing climate-damaging carbon dioxide and providing a home for an extremely large number of species — when they're intact.
More than 140 countries committed to halting global deforestation by the end of the decade at the 2021 UN climate change conference in Glasgow, but five years later logging continues.
In 2024, over 8 million hectares (19 million acres) of forest were lost. And since 1990, nearly 490 million hectares of forest have been wiped out.
More recently, the trend has shifted in the opposite direction. Deforestation in the Amazon region of Brazil decreased by 41% from August 2025 through 2026 to reach its lowest rate since records began.
To ensure lasting protection, the Tropical Forest Forever Facility was launched in 2025 at the COP30 climate conference in Belem, Brazil.
Because rainforests are so important for the world, the idea behind the fund was to give money to the countries where they are located to help them preserve and protect these ecosystems .
So far, these countries have made more profit through deforestation — for example, by mining natural resources on rainforest land or farming the area.
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