US EditionBrazil stumps up billions of dollars for its ambitious rainforest fund at UN climate summit
The Tropical Forests Forever Facility uses $5.5 billion in pledges to financially reward over 70 countries for reducing deforestation, with 20% allocated to Indigenous peoples.
- On Thursday, Nov. 6, 2025, Brazil unveiled a flagship rainforest fund in Belem at COP30 U.N. Climate Summit and announced $5.5 billion in initial pledges.
- The Tropical Forests Forever Facility is financed by interest-bearing debt to make forest preservation more lucrative, aiming to issue $25 billion then leverage it into $125 billion.
- Other countries committed $1 billion from Indonesia, $500 million from France, $5 million from the Netherlands and $1 million from Portugal, while Brazil earlier announced $1 billion to kick off the fund.
- More than 70 heavily forested countries, including Congo and Colombia, qualify for payments if they keep deforestation below a set rate, with penalties per hectare destroyed and 20% allocated to Indigenous peoples.
- Brazil plans to involve the private sector after the fund hits the $10 billion threshold, while Norway's $3 billion pledge is contingent on Brazil raising $9.8 billion and Germany's contribution is expected on Friday.
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Associated Press News
Brazil stumps up billions of dollars for its ambitious rainforest fund at UN climate summit
Brazil has unveiled long-awaited details about a plan to pay countries to preserve their tropical forests and announced it had already drawn $5.5 billion in financial pledges.
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