Overview

• President Luiz Inácio Lula da Silva and Environment Minister Marina Silva presented the proposal in New York during UN General Assembly events, with UN chief António Guterres joining a high-level dialogue.
• The facility aims to secure about $25 billion in public junior capital to leverage roughly $100 billion from private investors and target around $4 billion in annual distributions.
• Payments would be calculated per hectare of tropical forest conserved, with satellite monitoring and a mandatory 20% allocation to Indigenous and traditional communities.
• A 12-country group is shaping the design: beneficiary nations include Brazil, Colombia, Ghana, Indonesia, Malaysia and DR Congo, while early investor partners include Germany, the UAE, the United States, France, Norway and the United Kingdom.
• Brazil is courting additional supporters this week and plans to have the mechanism operational by COP30 as a non-REDD+ instrument outside the UNFCCC.