COP30 host Brazil launches key forest conservation fund
New Delhi, Nov. 8 -- Brazil, the host of COP30, officially launched the Tropical Forest Forever Facility (TFFF) at the COP30 Leaders' Summit on Thursday.
The TFFF is an initiative that incentivises the conservation and expansion of tropical forests by making annual payments to Tropical Forest Countries that maintain their standing forest.
It was endorsed by 53 countries with rainforests and those without rainforests on the day of its launch including China, Canada, UAE, Finland, United Kingdom, Japan, Australia to Indonesia, Germany, Antigua and Barbuda, Armenia, Bolivia, Ecuador, Colombia, Democratic Republic of the Congo, Rwanda, Peru among others. India has not endorsed the scheme yet as per the list provided by the Brazilian Presidency....
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