The world’s forests are essential for climate stability, biodiversity and sustainable development. However, financial mechanisms to support their conservation remain limited. The expected launch of the Tropical Forest Forever Facility (TFFF) at the UN COP30 climate summit in Brazil later this year presents an opportunity to increase financing for nature conservation – provided governments and investors commit to it.

The TFFF represents a significant shift in conservation financing. Rather than focusing solely on emissions reductions, as REDD+ initiatives do, the TFFF is a permanent endowment fund that rewards governments for maintaining or restoring forested areas. (Peter Graham, more on climatechangenews.com)