The Tropical Forest Forever Facility (TFFF) was launched at COP30 Leader's Summit with $5.5 billion in investment commitments to protect tropical forests, aiming to safeguard over 1 billion hectares by paying nations to keep them standing. Endorsed by 34 tropical forest countries, the fund mandates at least 20% of payments go to Indigenous Peoples and local communities, using a blended finance model to generate returns for investors and create an enabling environment for companies to close supply chain gaps. Ceres will release a report analyzing corporate progress on deforestation and offering pathways for business action in at-risk sectors.
Ceres applauds launch of Tropical Forest Forever Facility, urges more government and private sector support
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