Jakarta, Oct. 21 -- Indonesia and Brazil have highlighted the Tropical Forest Forever Facility (TFFF) as an innovative financing mechanism to safeguard tropical forests, which are essential for maintaining global climate balance and conserving biodiversity.

In a press release issued by UNDP Indonesia on Monday (Oct. 20), Ida Bagus Made Bimantara, Director of ASEAN External Cooperation at Indonesia's Foreign Ministry, said the TFFF offers a creative financial model to help bridge the climate funding gap.

"Supporting such initiatives is crucial to ensure that tropical forests remain standing and continue contributing to global climate stability and biodiversity conservation," Bimantara said.

Meanwhile, Brazilian Ambassador to ASEAN Henri...