Carney Pledges Up to $560 Million for Tropical Forest Fund in Manila
The fund aims to protect more than 1 billion hectares of tropical forest and channel at least 20% of payments to Indigenous communities.
- On Sunday, Nov. 15, 2026, Prime Minister Mark Carney announced Canada will contribute up to $560 million over four years to the Tropical Forests Forever Facility during a meeting with Brazilian President Luiz Inacio Lula da Silva in Manila.
- The contribution supports Canada's broader pledge to provide more than $13 billion in international climate finance by 2031, with the Brazil- and Norway-led facility aiming to reach $125 billion to protect over one billion hectares of tropical forest.
- At least 20 per cent of conservation payments are earmarked for Indigenous Peoples and local communities, while Lula described the funding as profit-yielding investments rather than "donations, money for free."
- International Trade Minister Maninder Sidhu expressed confidence in trade expansion, noting Canada concluded a trade deal with the Philippines while navigating global safeguards investigations regarding pork imports.
- Carney arrived in Cambodia on Sunday for the Francophonie summit, continuing his Asia trip focused on trade diversification, though the pledge arrives amid criticism from environmental groups over his absence from COP30 and COP31.
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Canada pledges C$560 million to Brazilian-led tropical forest conservation organization
Canadian Prime Minister Mark Carney announced the commitment during a meeting with Brazilian President Luiz Inacio Lula da Silva on the sidelines of the Association of Southeast Asian Nations summit.
Canada pledges up to $392.5 million for Brazil-led tropical forest fund
Nov 15 (Reuters) - Canada has pledged up to C$560 million ($392.5 million) over four years to the Brazilian-led Tropical Forests Forever Facility, the Canadian government said in a statement on Sunday. • Canadian Prime Minister Mark Carney announced ...
ASEAN Summit: Carney pledges up to CAD 560 million for Brazil-led forest project - The Tribune
Canadian Prime Minister Mark Carney and Brazilian President Luiz Inácio Lula da Silva met in Manila, where Canada pledged $560 million CAD over four years to Brazil’s rainforest conservation initiative. Both leaders emphasised deepening international cooperation, environmental protection, and multilateralism during the ASEAN Summit.
Prime Minister Mark Carney announced that Canada is providing $540 million for an initiative to protect tropical rainforests.
Medicine Hat News
haltonhillstoday.caCarney announces use of climate funds to protect rainforest in Brazil, tropics
MANILA — Prime Minister Mark Carney says Canada is providing $540 million for an initiative to protect tropical rainforests, The money is part of a $6 billion fund promised by Ottawa this spring in support for international climate finance. The grant will last four years and is being co-led by Brazil and Norway. It is
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