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Environment

Tropical Forests Forever Fund receives $88 million from philanthropic coalition

The philanthropic contribution reinforces the Brazilian forest conservation mechanism, which aims to reach the $10 billion target by the end of 2026 to pay countries for preserving biomes.

World leaders seated at a panel during COP31 in Antalya, Turkey, with an audience watching.
World leaders participate in an event during COP31 in Antalya, Turkey. Photo: Reprodução/Poder360

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The essentials of this story

What happened
The Tropical Forests Forever Fund received an $88 million contribution from philanthropic entities.
Who is affected
Countries with large areas of tropical forests, indigenous peoples, and local communities.
What changes
The fund seeks to raise an additional $2.1 billion by the end of 2026 to reach the $10 billion target.

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Sources

  1. Fundo de florestas de Lula recebe US$ 88 mi de filantropia na COP31 — Poder360 (accessed 11/11/2026)
  2. Sem voz, Lula pede a ministro que leia discurso em que cobra mais dinheiro para fundo de Florestas — Estadão — Brasil (accessed 11/11/2026)
  3. Sem voz, Lula pede apoio a fundo de florestas na COP31 — Folha de S.Paulo — em cima da hora (accessed 11/11/2026)
  4. Sem voz, Lula pede apoio a fundo de florestas na COP31 — Folha de S.Paulo — ambiente (accessed 11/11/2026)

Image credits: Photo: Reprodução/Poder360 · publicação-fonte citada · image resized and re-encoded for the site