News: Granary of Solutions platform launches to boost global sustainable initiatives. Read it here.
Parts of this site were translated using AI. Accuracy may vary.
News: Granary of Solutions platform launches to boost global sustainable initiatives. Read it here.
Parts of this site were translated using AI. Accuracy may vary.
5. Investments to halt and reverse deforestation and forest degradation
Tropical Forest Forever Facility is an initiative that incentivizes the conservation and expansion of tropical forests by providing annual payments to eligible Tropical Forest Countries that maintain their standing forests. Its main outcome is offering the fastest and most cost-effective way to achieve gigaton-scale emission reductions while protecting tropical forests and providing a credible mechanism to fulfill previous climate finance commitments through a low-risk blended-finance investment.
How this solution relates to the action agenda
Axis: Stewarding Forests, Oceans, and Biodiversity
Key Objective: 5. Investments to halt and reverse deforestation and forest degradation
Historically, finance for forests has been mostly project based, short term, and insufficient. Moreover, such financing has not adequately reached the forest stewards on the front lines of conservation — this must change. The TFFF offers a new way forward: a paradigm shift. COP30 is expected to operationalize the TFFF and attract sponsor capital commitments. The TFFF could support over 70 Tropical Forest Countries, which currently host more than 1 billion hectares of moist broadleaf tropical and subtropical forests.
The TFFF aims to invest US$125 billion, combining public and private capital, to deliver US$4 billion annually to tropical forest countries for conservation and forest stewardship at an unprecedented scale.
Sources:
1. Extracted from website tfff.earth/about-tfff; 2. BCG analysis aligned with data from Forest Carbon Stocks Indicator – WRI, 2022; 3. Indigenous Peoples and Local Communities; 4. OECD, 2021 – "Blended Finance Principles", examples of Green Environment Facility and Green Climate Fund; 5. Source - UNDP
Conexão Mata Atlântica: conservation and restoration aligned with sustainable production
Conexão Mata Atlântica is an initiative of payments for environmental services (PES) supporting conservation and restoration in the Atlantic Forest, benefiting farmer families, boosting carbon stocks, and conserving biodiversity.
Innovative finance to scale deforestation-free agriculture in South America
IFACC mobilizes finance for deforestation-free farming in South America, supporting producers and expanding sustainable soy, cattle, and agroforestry practices.
Saving Scotland’s Rainforests
Saving Scotland’s Rainforest unites 24 organisations actively restoring Scotland’s temperate rainforest by removing invasive species, reducing herbivore impacts, and reconnecting and expanding remaining forest fragments.
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