The Tropical Forest Forever Facility (TFFF), proposed by Brazil, aims to raise $125 billion for the conservation of tropical forests worldwide. Announced by President Luiz Inácio Lula da Silva during Climate Week in New York, the fund seeks to generate up to $4 billion annually for eligible developing nations that manage over one billion hectares of tropical forests. Brazil's initial investment of $1 billion is expected to attract contributions from countries like China, Norway, and Saudi Arabia. The TFFF is designed to operate like a bank, providing loans rather than donations, with a focus on ensuring that Indigenous and local communities benefit significantly from the fund. The initiative will be a key topic at the COP30 summit in Belém, Brazil, where it aims to address the urgent need for innovative financing solutions to combat deforestation and climate change.