The Tropical Forest Forever Facility (TFFF) is a proposed global, permanent fund designed to support the long-term conservation of tropical
July 7, 2025
The Tropical Forest Forever Facility (TFFF) is a proposed global, permanent fund designed to support the long-term conservation of tropical forests. Spearheaded by the Government of Brazil, in dialogue with 11 other countries, the initiative is scheduled to be formally launched at COP 30 in Belém, Brazil.
Unlike traditional conservation finance efforts that often rely on new donor pledges, the TFFF proposes an innovative approach. It mobilizes investments from governments, sovereign wealth funds and institutional investors to create a long-term investment facility that generates annual payments for forest conservation.
With the Tropical Forest Forever Facility (TFFF), the starting signal for a completely new form of rainforest protection funding is set just
Financing the Future: Incentivizing Inclusive and Sustainable Supply Chains.
World Trade organization Director General Dr. Ngozi Okonjo-Iweala and IFC Managing Director Makhtar Diop, in conversation on sustainable supply chains, emphasized the critical role that trade plays in the fight against global poverty. “At the end of the day, all this is for what? It is to make sure that the poorest of this world can benefit from trade,” Diop told an audience assembled at the Spring Meetings of the World Bank and IMF. “I would like to make clear in people’s mind that the momentum that we are trying to push is: trade to fight poverty, trade to include low income countries in the supply chain,” he said.
Dr. Okonjo-Iweala noted that written into the document that created the WTO, the Marrakesh Agreement, “is that the purpose of the WTO is to enhance living standards, help create employment, and support sustainable development.” She said that is “written into the DNA of what we do.”
“There is absolutely no doubt that global value chains are the backbone of trade,” said Dr. Okonjo-Iweala during the discussion. “Global value chains make up to 45 to 55% of world trade. And they are a force for inclusion because spread over several countries, including developing countries, they create jobs, they help to increase incomes.” She added that because of the importance and prominence of global value chains in the world economy, “we don’t have much choice now but to think about how to make global value chains sustainable. Young people demand it. Value chains must start thinking about how they go green.”
Meeting urgent climate and sustainability goals may be the biggest challenge of our generation. How can we transform global supply chains to
Financing the Future: Incentivizing Inclusive and Sustainable Supply Chains, Join the conversation #ReshapingDevelopment
