Germany Signals Major Pledge to Brazil-Led Forest Fund as Minderoo Joins as First Private Investor

Overview

• Announced public commitments stand at about US$5.57 billion, including Brazil US$1 billion, Indonesia US$1 billion, Norway US$3 billion over ten years, and France €500 million to 2030.
• Germany’s Friedrich Merz pledged a “generous” contribution with the figure still under internal review, suggesting it could match or exceed Norway’s, with timing possibly in days or months.
• The Minderoo Foundation committed US$10 million as the inaugural private investor, describing the money as patient capital aimed at de-risking the fund and drawing in institutional investors.
• The mechanism requires at least US$10 billion in public funding to open and operate, with Brazil targeting that milestone by December 1, 2026, on the way to US$25 billion public to mobilize roughly US$100 billion from private markets.
• Brazil’s diplomatic team is courting BRICS and G7 participants, including China, India, Japan, the UK, Germany, Canada and others, while engaging major banks to shape private-sector participation.