Tropical Forests Forever Facility

The Government of Brazil intends to launch the new ‘Tropical Forests Forever Facility’ at COP30 in Belem. Designers of the Facility have been talking to rainforest countries, central bankers, plus leading conservation groups about this proposal. The current design requires a ‘direct access’ portion of the funding to be provided to indigenous peoples and community groups; Brazil is taking up this point with the other countries interested in the Facility. Conservation leaders have noted that while the Facility has strong anti-deforestation provisions, the tricker question of how to handle forest degradation is still being worked out.

Good background information about the Facility can be found here.

The Brazilian Ministry of Finance provides this information page about the Facility.

Several CLARA members have commented on the Facility design:

From Greenpeace

High Integrity Forest Finance Forever: Learning from Past Mistakes in the Development of the Tropical Forest Forever Facility

From Griffith University and Wild Heritage

Comments on Tropical Forest Forever Facility Concept Note V.2