Climate Politics
Brazil’s $125 Billion Forest Fund Suffers Delays Before COP30
Officials are still debating how the financial vehicle should be set up, weeks before it’s due to launch at the UN climate summit in November.
Amazon rainforest.
Photographer: Dado Galdieri/BloombergAn ambitious fund to save the rainforests that Brazil aims to launch at November’s COP30 climate summit is running behind schedule as officials deliberate on how to structure the complex financial vehicle.