Brazil Pledges US$1bn to Tropical Forests Fund Ahead of COP30

President Luiz Inácio Lula da Silva announced Brazil will invest US$1 billion in the Tropical Forests Forever Fund (TFFF) and urged global seriousness on climate ahead of COP30 in Belém (November).

• Main announcement: President Lula announced Brazil will contribute US$1 billion to the Tropical Forests Forever Fund (TFFF) and invited/expects all heads of state to attend COP30 in Belém in November.

  • Location & timing: COP30 to be held in Belém (Pará), in November 2025.
  • Fund design: TFFF described as an investment fund (not a donation) intended to mobilize private/public investment to keep tropical forests standing.

• Background & details: Environment Minister Marina Silva said the US$1 billion Brazilian contribution aims to catalyze roughly US$125 billion in mobilized capital and deliver about US$4 billion per year in returns earmarked for payments per hectare of protected forest; Lula also noted countries are presenting “vigorous and reasonable” NDCs.

  • Related actions/events: Lula opened the 80th UN General Assembly debate (23 Sep), attended the UN Climate Summit and met bilaterally with leaders including Volodymyr Zelensky and Dina Boluarte, and gave an interview to PBS NewsHour (22–24 Sep).