Brazil, Norway and The Nature Conservancy to spotlight progress on Tropical Forest Forever Facility (TFFF) at COP31

The Nature Conservancy (TNC), together with the governments of Brazil and Norway, will convene government, finance and Indigenous and local community leaders at COP31 on Nov. 16 to examine progress toward implementing the Tropical Forest Forever Facility (TFFF), one year after its launch in Belém, Brazil.

In June 2026, TNC announced a commitment of US$5 million in financial support to TFFF. At the time, TNC CEO Jennifer Morris said: “When it comes to protecting people and the planet, few actions are more urgent than conserving tropical forests. That is why The Nature Conservancy is committing USD $5 million in financial support to the Tropical Forest Forever Facility."

She continued: "While many historic efforts have been made to address forest loss, TFFF is unique in the way in which it seeks to directly reward countries for maintaining high forest cover and low deforestation rates—a welcome and much-needed distinction. Its results-based model, innovative financial approach and leadership from forest countries position the TFFF to accelerate conservation and restoration at scale. Importantly, the TFFF has publicly committed to allocate 20% of payments directly to Indigenous Peoples, local and traditional communities who are stewarding tropical forests around the world."

TFFF is a first-of-its-kind financing mechanism designed to reward tropical forest countries, Indigenous Peoples and local communities for protecting standing forests. Brazil is currently playing a leading role in shaping the mechanism globally while also advancing its domestic implementation. At the same time, Indigenous Peoples and Local Communities in Brazil have jointly developed recommendations for its governance and for ensuring that funding effectively reaches their territories.

The COP31 event will explore progress on the Facility’s institutional arrangements and capitalization, the milestones still needed to move from design to implementation, and how blended finance can help mobilize permanent, large-scale, results-based funding for tropical forests.

Speakers will include ministerial-level representatives from Brazil and Norway; current and prospective TFFF sponsor and tropical forest countries; the World Bank; Indigenous Peoples and local community representatives; and other public, philanthropic and private-sector partners, all collaboratively working to catalyze TFFF into action. 

Discussions will focus on three key questions: What tropical forest countries need to put TFFF into action; how Indigenous Peoples and local communities will participate in its governance and benefit-sharing; and how governments, development finance institutions, philanthropies and private investors can help build the scale of finance needed to protect tropical forests for the long term.