Investments to halt and reverse deforestation and forest degradation

TFFF, PES and forests conservation

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: Investments to halt and reverse deforestation and forest degradation

Why it matters

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

TFFF, PES and forests conservation

Why it matters

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