An initiative led by Brazil will pay countries to preserve tropical forests
Luiz Claudio Marigo / Nature Picture Library / Alamy
At the COP30 Climate summit in November, a group of countries led by Brazil will launch a new daring initiative that will pay tropical countries to maintain forest coverage.
Instead of relying on donations or selling carbon credits, the Tropical Forest Forever (TFFF) installation will collect funds thanks to investments, a radical approach that could generate billions of additional funds for nature, according to its supporters.
“We need new ways to collect funds for …
