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.
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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 $10 billion target.
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Sources
- Fundo de florestas de Lula recebe US$ 88 mi de filantropia na COP31 — Poder360
- Sem voz, Lula pede a ministro que leia discurso em que cobra mais dinheiro para fundo de Florestas — Estadão — Brasil
- Sem voz, Lula pede apoio a fundo de florestas na COP31 — Folha de S.Paulo — em cima da hora
- Sem voz, Lula pede apoio a fundo de florestas na COP31 — Folha de S.Paulo — ambiente
Image credits: Photo: Reprodução/Poder360 · publicação-fonte citada · image resized and re-encoded for the site