Six months after last year's United Nations Climate Conference (COP30), the Tropical Forest Forever Facility (TFFF) has gone from being a headline-grabbing promise to a test of whether climate finance can survive contact with markets, politics, and time.
The TFFF's purpose -- conserving tropical forests -- is of paramount importance. Tropical deforestation and land-use changes have contributed to nearly one-fifth of the world's total carbon dioxide emissions since 1850.