Brazil launches fund tying forest cash to steep deforestation penalties
via news.mongabay.com
Short excerpt below. Read at the original source.
Brazil officially launched a new financial market fund, called the Tropical Forests Forever Facility, or TFFF, at a Nov. 6 event ahead of the COP30 climate summit it will host in Belém. Countries with significant amounts of tropical forest cover can receive up to $4 per hectare ($1.62 per acre) of standing forest per year […]