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Brazil is set to announce Thursday the establishment of a multibillion-dollar fund designed to pay countries to keep their tropical forests standing. The Tropical Forest Forever Facility would deliver $4 billion per year to as many as 74 countries that maintain their forest cover. The fund requires $25 billion from governments and philanthropies to begin operations.
Private investors would contribute the remaining $100 billion. Brazil has committed $1 billion. Countries…
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Brazil is set to announce Thursday the establishment of a multibillion-dollar fund designed to pay countries to keep their tropical forests standing. The Tropical Forest Forever Facility would deliver $4 billion per year to as many as 74 countries that maintain their forest cover. The fund requires $25 billion from governments and philanthropies to begin operations.
Private investors would contribute the remaining $100 billion. Brazil has committed $1 billion. Countries…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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