Brazil must beef up its COP30 scheme to preserve tropical forests
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Brazil is set to launch the Tropical Forest Forever Facility (TFFF) at COP30 in Belém next month, aiming to offer financial incentives of US$4 per hectare to halt deforestation across over one billion hectares of tropical forests. However, experts from CSIRO Environment and Indonesian institutions argue that this payment rate may undervalue forest lands. The reliance on simplistic metrics for tree cover could enable bad actors to meet standards while still harming forests. Additionally, the scheme might disempower local communities by penalizing well-managed agroforests as non-forest areas.
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