G20 Nations Endorse Brazil's Forest Conservation Fund Initiative

Environment ministers agree to support a trust fund rewarding tropical countries for preserving critical biomes.

The proposed Tropical Forests Forever Facility will provide financial incentives to nations that protect tropical forests, benefiting local and Indigenous communities.
Unlike the Amazon Fund, this initiative will reward all tropical forest countries based on the area preserved.
The G20 environment ministers' meeting in Rio de Janeiro focused on climate change, biodiversity loss, and environmental degradation.
Brazil's Environment Minister Marina Silva highlighted the urgency of climate action, citing extreme weather events impacting Brazil this year.
The ministers reaffirmed their commitment to the Paris Agreement and discussed additional focus areas like ocean health, waste reduction, and plastic pollution.