Is the TFFF rainforest fund failing due to a lack of money?

The Tropical Forest Forever Facility (TFFF) is designed to make preserving tropical forests more financially attractive than clearing them. But doubts over whether it can secure enough funding could prevent the scheme from getting started, despite continuing forest loss and the climate and biodiversity benefits of intact rainforests.

The facility is expected to begin generating conservation funds in 2027, with $10 billion in government capital due by the end of this year, largely as low-interest loans. It also plans to raise about $40 billion initially by issuing bonds, with longer-term targets of $25 billion from governments and $100 billion from private donors. Profits would pay forest countries $4 per hectare each year, with at least 20% of payments going to Indigenous peoples and local communities; the excerpt ends before explaining the full funding shortfall.