As negotiations over climate finance and adaptation targets intensify at COP30 in Belém, Brazil, Nigeria has declared its support for the Tropical Forests Forever Facility (TFFF) — a new global initiative designed to reward nations that preserve their tropical forests.
The Brazil-backed TFFF seeks to channel billions in predictable finance to tropical forest nations through an innovative returns-based model.
The fund is expected to pool contributions from governments, philanthropies, and the private sector, invest them in low-risk assets, and use the profits to reward verified conservation efforts.
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