September 20, 2025 2:47 PM
Brazil will be first to invest in global forest fund
Brazil will become the first country to announce an investment in the Tropical Forests Forever Facility, a multilateral funding mechanism it has proposed to support conservation of endangered forests globally, three people with knowledge of the plans told Reuters. President Luiz Inacio Lula da Silva plans to announce the investment on Tuesday at the U.N. in New York, in a move that aims to unlock more contributions from both wealthy and developing economies, which have been at odds about fundin...