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New Firefighting Fund Launches but Funding Gap Remains as Wildfires Worsen Worldwide – WTOP News
The fund is anchored by $35 million in foundation commitments and draws on fire-response models from Bolivia and Brazil, organizers said.
A new fund aiming to raise $100 million for Amazon firefighting was announced this week at New York Climate Week and the U.N. General Assembly to improve detection and response across South America.
Drawing inspiration from existing models like a 15-year-old Indigenous fire brigade program in Bolivia and a fire-detection camera network in Brazil, the fund aims to address worsening fire conditions as drought turns these ecosystems into tinderboxes.
Renaissance Philanthropy and Conservation X Labs lead the project, anchored by a $30 million contribution from the Gordon and Betty Moore Foundation and $5 million from the David and Lucile Packard Foundation. Renaissance Philanthropy president Kumar Garg said, "the next couple of years are really going to matter."
While the fund targets South America, international support for recent fires in Southeast Asia remains piecemeal, with Bhima Yudhistira, executive director of the Jakarta-based Center of Economic and Law Studies , calling the exclusion "a big mistake."
A U.N. Sustainable Development Solutions Network report released Thursday stated forests remain "chronically underfinanced," as politics discourage governments from investing in long-term mitigation despite the need for $66.8 billion by 2030 to restore tropical forests.