"As the climate clock ticks ever closer to 2030, Climate Week NYC 2025 concluded with a crescendo of announcements, pledges, and initiatives. The week brought together heads of state, ministers, CEOs, philanthropists, investors, and Indigenous leaders in what has now become one of the most influential gatherings in the climate calendar. While the conversations ranged from clean energy and adaptation to biodiversity and misinformation, two bold forestry-related announcements stood out, each signaling a step change in how climate ambition is translating into capital and global cooperation."
"In a bold move that surprised even seasoned insiders, Brazilian President Luiz Inácio Lula da Silva announced a $1 billion commitment to the Tropical Forests Forever Facility (TFFF), a proposed multilateral endowment-style fund that would pay countries for preserving tropical forests. This marks the first concrete financial contribution to the fund, offering both political momentum and credibility. Brazil's move was widely interpreted as a call to action for other forest nations and donor countries ahead of COP30 in Belém, where forest finance will take center stage."
Frances Seymour of FCLP Secretariat unveiled a Roadmap for Action on Forest Finance at the Nature Hub on 09.23.2025. Climate Week NYC 2025 drew heads of state, ministers, CEOs, philanthropists, investors, and Indigenous leaders and closed with major announcements and pledges. Brazilian President Luiz Inácio Lula da Silva pledged $1 billion to the Tropical Forests Forever Facility (TFFF), marking the first concrete contribution to a proposed endowment to pay countries for preserving tropical forests. The TFFF intends to allocate at least 20% of funding to Indigenous Peoples and Local Communities and aims to build momentum ahead of COP30 in Belém.
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