Overview
- Brazil introduced the Tropical Forest Forever Facility as the summit’s centerpiece, proposing per‑hectare rewards for protection and penalties for deforestation with satellite verification and a goal to leverage $25 billion in public funds and $100 billion from private sources.
- UN Secretary‑General António Guterres warned current policies point to roughly 2.4–2.8°C of warming, underscoring urgency after a decade of insufficient delivery since the Paris Agreement.
- The United States sent no federal delegation to Belém and the United Kingdom withdrew as a sponsor, while Germany voiced support for the fund but announced no concrete financial figure.
- Brazil’s domestic moves, including a new highway through rainforest areas and recent oil drilling approvals near the Amazon, drew criticism that complicates its leadership push at a forest‑focused COP.
- Organizers expect about 50,000 attendees and roughly 3,000 indigenous delegates in a host city upgraded with more than €700 million in infrastructure, with visible protests permitted beyond the conference zone.