From Agência Brasil · · 1m
COP31 Booklet Guides Indigenous Forest Fund Access
COP31 launches booklet to help indigenous groups access $7.8bn forest fund.
In brief
COP31 launches booklet to help indigenous groups access $7.8bn forest fund. A booklet from COP31 will guide indigenous communities on accessing $7.8 billion in forest fund resources through two payment methods. Originally reported by Agência Brasil.
COP31 Booklet Launch
A booklet on the Tropical Forests Forever Facility will guide indigenous peoples on accessing forest fund resources.
“We want this information to circulate throughout organizations, networks, and communities, also through printed materials”
20% Resource Allocation
Developing countries must allocate at least 20 percent of forest fund payments to indigenous communities.
Payment Methods
Countries choose between national transfer or global implementing agency for fund distribution.
National Transfer Method
Countries receive full payments and transfer 20% to indigenous communities via national steering committee.
Global Implementing Agency
20% flows to global agency which transfers funds directly to indigenous communities.
TFFF Fundraising
TFFF raised $7.8 billion with goal of $10 billion by end of 2026.
TFFF Investment Model
TFFF uses investment model with surplus profits for deforestation reduction incentives.
What to remember
A booklet from COP31 will guide indigenous communities on accessing $7.8 billion in forest fund resources through two payment methods.
