Mongabay Newscast

A new forest finance fund known as the Tropical Forest Forever Facility (TFFF) will work like an investment portfolio (unlike the familiar – and often ineffective – forest conservation loan or grant funds), and if enacted as intended, it will reward 70 tropical nations billions in annual funding for keeping their forests standing. Co-host Mike DiGirolamo speaks with three people who have analyzed the fund: Mongabay freelance reporter Justin Catanoso, Charlotte Streck – co-founder of Climate Focus – and Frédéric Hache, a lecturer in sustainable finance at the Paris Institute of Political Studies. They tackle the critical questions regarding what the proposed fund could – and would not – do. “I think that TFFF is an initiative that has great potential because it is put forward and supported by tropical rainforest countries. It is not [a] mechanism that has been defined by donors or by any experts. It is now pushed and promoted by the countries that harbor all this tropical forest,” says Streck. For additional b