The TFFF requires $25 billion in sponsor capital from governments and foundations. It is to serve as the core of the TFFF’s investments and as junior debt in the case of losses. The sponsor capital is intended to leverage $100 billion in private investments.
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Updated 3 days ago
The UAE is emerging as a global leader in tropical forest conservation, leveraging its COP28 Presidency to elevate nature-based climate action. It has pledged over US $40 million to to back Brazilian projects to protect the environment and advance sustainable development through Erth Zayed Philanthropies, including support for the TFFF. In November 2024, during the G20 Leaders’ Summit in Rio, the UAE and Brazil issued a Joint Statement highlighting their collaboration to protect biodiversity. Moreover, beyond funding, the UAE is also providing technical and secretariat support to the TFFF. While its exact financial contribution is yet to be disclosed, the UAE’s actions reflect a strategic and growing commitment to global forest conservation.
UAE has demonstrated support for the TFFF beginning with its US $40 million commitment through Erth Zayed Philanthropies to support Brazilian environmental initiatives. At COP28 in Dubai, the UAE reinforced this backing, providing both technical and secretariat assistance to the facility. Moreover, during high-level engagements at the G20 summit in Rio de Janeiro, Brazilian President Luiz Inácio Lula da Silva and Crown Prince Sheikh Khaled bin Mohamed Al Nahyan discussed collaborative climate initiatives, reaffirming the UAE’s sustained support for the TFFF, even though the exact size of its contribution remains undisclosed. Reports have also reconfirmed the UAE’s commitment, highlighting its role not only as a donor but as a strategic partner in climate finance, with technical and secretariat assistance provided to the facility.
“The Tropical Forest Forever Facility reflects a growing recognition that we cannot address climate change without investing in nature. Tropical forests are essential carbon sinks, rich in biodiversity, and vital to the well-being of communities around the world. As an interim Steering Committee member and part of the coalition of the willing, hopeful, and determined, the United Arab Emirates supports Brazil as they design and test this innovative mechanism. The TFFF offers a promising model for long-term, equitable finance—one that brings the climate and nature agendas together in a shared vision for global sustainability.”
- Her Excellency Razan Khalifa Al Mubarak – President of IUCN & Executive Managing Director of Mohammed bin Zayed Species Fund, UAE, June 2025