The UK government announced on Thursday (3) that it intends to invest 400 million pounds, equivalent to R$ 2.7 billion, in the Tropical Forests Forever Fund (TFFF), created by Brazil during COP30 in Belém, Pará. The announcement was made by the UK's Department for Energy Security.
The British contribution will be made in the form of a loan and still needs to be formalized through the fund's operating mechanisms, also foreseeing direct participation in TFFF's decision-making structures. With this contribution, the total invested in the fund would reach R$ 37.6 billion (US$ 7.3 billion).
The fund was launched in November during COP30, with the aim of compensating countries and donors that protect tropical forests. The goal is to reach US$ 10 billion (about R$ 51.2 billion) by the end of 2026, a necessary condition for Norway to maintain its contribution of US$ 3 billion (R$ 15 billion).
