Tropical Forest Forever Facility (TFFF)

Tropical Forest Forever Facility (TFFF)

  • Context: 

  • At the Leaders’ Summit in Belem, Brazil, ahead of the climate conference (COP30), India said it would join the Tropical Forest Forever Facility (TFFF) as an “Observer” state. 

  • About Tropical Forest Forever Facility 

  • The Tropical Forest Forever Facility (TFFF) is a proposed global, permanent financing mechanism designed to reward tropical forest countries (TFCs) for conserving and expanding their moist tropical and subtropical broadleaf forests. 

  • It was first presented by Brazil at COP28 (2023) and is planned for launch at COP30 in Belém (2025). 

  • TFFF complements existing mechanisms like REDD+ and the Global Environment Facility (GEF) 

  • Countries qualify as Tropical Forest Countries (TFCs) if they: 

  • Contain tropical or subtropical moist broadleaf forests 

  • Maintain deforestation rates below 0.5% and show a decreasing trend 

  • Use transparent, certified monitoring systems 

  • If deforestation rises, payments are paused or reduced 

  • Objectives: 

  • The TFFF offers a new, budget-neutral model of nature financing that rewards countries protecting forests yearly with $4 per hectare protected 

  • The plan is that countries with tropical forests are paid annually for keeping their forests standing. 

  • The TFFF has two arms: 

  • Tropical Forest Facility (The Facility) – manages eligibility, monitoring, and payment systems 

  • Tropical Forest Investment Fund (TFIF) 

  • Tropical Forest Investment Fund (TFIF): 

  • The fund will avoid fossil fuels, coal, and any sector linked to deforestation 

  • Brazil (the COP30 host) has announced a $1 billion contribution, and Colombia has pitched in with $250 million 

  • France, China, and the UAE have expressed support but have not made financial commitments.