Brazil Proposes a New Type of Fund to Protect Tropical Forests

  

"Tropical forests are inherently valuable. They are rich in biodiversity, and forests swallow vast amounts of carbon dioxide from the atmosphere, slowing down the heating of the planet. They regulate the hydrological cycle and also local weather.

By turning these standing forests into a protected asset, the Tropical Forest Forever Facility, as the new financial instrument is called, seeks to monetize their value as a global public good and give forested nations financial incentives to not destroy them."

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By Somini Sengupta and Claire Brown