Ambassador André Corrêa do Lago, President of the United Nations Conference on Climate Change 2025 (COP30)said on Monday (31) that the collection of the Investment Fund Background Tropical Forests Forever (TFFF) can be unlocked with the initial capture of $ 25 billion.
According to Lago, There is a dialogue with the marketand the expectation is that the others US $ 100 billion Necessary arise after obtaining the initial value.
“What we have heard from the financial market that what is missing is in reality these first 25 billion [de dólares] that need to enter so that they expect another 100 BI“, Said the ambassador during an interview with TV Cultura’s Roda Viva program.
“What I recognize is that at this moment what is missing is this commitment of sovereign funds to these first 25[billionsofdollars)ButIhearfrominvestorsthathavingthis25atthebeginningwillappear100″[bilhõesdedólares)Maseuouçodosinvestidoresquetendoesse25deinícioaparecerão100”
The objective of the sovereign fund – which belongs to the government – is capture $ 125 billion.
The TFFF was initially present in 2023 Headquartered in Dubai, in the United Arab Emirates. The fund is one of the federal government initiatives that make up the Ecological Transformation Plan (PTE), led by the Ministry of Finance.
The project also has a technical partnership with the World Bank and Germany, Colombia, the United Arab Emirates, France, Norway and the United Kingdom.
“These sovereign funds, a portion of sovereign background investments, They don’t expect more than 3% per year“The president of COP30 continued.
“The idea is to have the TFFF that gives this income that the other funds do not give and that will be managed in a way that the surpluses will be used for the conservation of forests.”
The proposal is that Tfff operates through mixed financing: 20% would be subsidized by sponsorship countries to attract private capital. The other 80% would come from the financial market.
See below a history of all editions of COP
