Three more countries, Norway, Indonesia, and France, have joined Brazil in investing in the Tropical Forests Forever Fund (TFFF). The respective investments announced by Norwary, Indonesia, and France are $3 billion, $1 billion, and $500 million in the new climate financing mechanism. With the $1 billion investment announced by the Brazilian government, the fund now totals $5.5 billion. The investments were made right after the official launch of TFFF on Thursday afternoon by President Luiz Inácio Lula da Silva at the Climate Summit in Belém.
Tropical Forest Fund receives $5.5 billion investment
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