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World Leaders Pledge $5 Billion to Protect Tropical Forests
7 Nov
Summary
- World leaders launch $5 billion fund to save tropical forests
- Brazil seeks to create $125 billion facility to pay countries for forest preservation
- Norway pledges $3 billion in loans for forest conservation
On November 7th, 2025, world leaders attending a climate summit in Brazil launched a $5 billion fund to save the world's tropical forests. The Tropical Forests Forever Facility (TFFF) is an unprecedented initiative that seeks to reward developing countries for not chopping down their trees.
Brazil, the political sponsor of the fund, hopes to eventually create a $125 billion facility that would pay out a share of profits to countries for every hectare of forest they leave standing. The initial $5 billion in pledges, however, still falls far short of the fund's ultimate goal. Nevertheless, Brazil's President Luiz Inacio Lula da Silva described the TFFF as a significant step forward.
Norway has pledged 30 billion kroner ($3 billion) in loans to support the fund, though with some strings attached. The UK, on the other hand, has said it will not contribute to the initiative. Overall, the fund's designers envision raising $10 billion in initial contributions from governments within a year, with the goal of increasing this to $25 billion in the longer term to attract an additional $100 billion in private investment.
