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Brazil and UN officials outline new finance and data steps: Tropical Forest Forever Facility, GFFFN progress and 27 voluntary contributions
Summary
During UNFF 20’s opening and technical sessions, member states and the secretariat highlighted progress on a tropical‑forest financing mechanism, steps toward operationalizing the Global Forest Financing Facilitation Network office in China, the launch of an online national reporting platform, and a rise in voluntary national contributions to 27.
Ryo Nakamura of the UN Forum on Forests secretariat told delegates that a “new voluntary national contribution in support of the global forest goals was announced by Georgia, which brought the total number of submissions to 27 countries.”
Representative of Brazil described the Tropical Forest Forever Facility (TFFF) as “an innovative results based financing mechanism that provides predictable per hectare payment to countries for conserving tropical forests,” and said the design would dedicate at least 20% of allocated funds in each country to indigenous peoples and local…
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