Name: Germany promises support for Brazils tropical forest protection scheme
Uploaded: 2025-11-07T22:02:06.184Z
Duration: 1 min
Description: The Tropical Forest Forever Facility seeks seeks to leverage investments into €108 billion that can be used to pay 74 developing countries for every hectare of forest they conserve.

The Tropical Forest Forever Facility seeks seeks to leverage investments into €108 billion that can be used to pay 74 developing countries for every hectare of forest they conserve.

Belém

World leaders convened at the edge of the Amazon rainforest during the COP30 climate summit in Brazil, where German Chancellor Friedrich Merz met with Brazilian President Ignacio Lula da Silva. Germany pledged support for Brazil's new financial incentive scheme, the Tropical Forest Forever Facility, designed to aid the conservation of endangered forests worldwide.

The initiative received $5.5 billion in pledges on the first day of the summit and aims to leverage up to $125 billion in investments. These funds will be used to pay dozens of developing countries to conserve their forests, marking a significant step in global efforts to address deforestation and climate change.

Germany promises support for Brazil's tropical forest protection scheme

World leaders gathered on the edge of the imperiled Amazon rainforest on Friday for a second day of climate talks at the COP30 in Brazil. German Chancellor Friedrich Merz met with Brazilian President Ignacio Lula da Silva and pledged support for his ambitious financial incentive scheme to support the conservation of the world's endangered forests. The initiative, dubbed the Tropical Forest Forever Facility, drew 5.5 billion dollars in pledges on the first day of the summit. It eventually seeks to leverage investments into 125 billion dollars that can be used to pay dozens of developing countries to conserve their forests.

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