Overview

• President Luiz Inácio Lula da Silva announced the $1 billion seed commitment at the UN General Assembly, making Brazil the fund’s first contributor.
• Environment Minister Marina Silva says Norway, the United Kingdom and Germany signaled contributions, with talks ongoing with France, China and other countries.
• Officials target an initial $25 billion in commitments by COP30 in Belém, with a longer-term goal of up to $125 billion from public and private sources.
• The fund’s design invests principal and spends only returns, with projected annual payouts of roughly $4 billion to countries that protect forests.
• Scholars and civil-society groups call for clear rules, independent oversight and safeguards for Indigenous and local communities, as INPE reports a 30% drop in Amazon deforestation in 2024 linked to increased federal environmental spending.