Brazil Sets $10 Billion Goal for Tropical Forests Fund as COP30 President

Overview

• Fernando Haddad said it is realistic to secure $10 billion in public commitments by the end of 2026, with initial pledges expected to be announced during COP30.
• He reported that several countries are finalizing adhesion and said Indonesia has announced it will join in President Lula’s presence.
• Financing is framed as investment rather than aid, with returns generated by the spread on loans that remunerate forest protection.
• The blueprint foresees scaling to $125 billion overall, targeting 20% from sovereign contributors and 80% from private capital.
• Brazil will launch the fourth Eco Invest call to attract funding for sustainable ventures, while a separate international carbon‑market coalition will require more time and technical work.