Minderoo Foundation increases investment in Tropical Forest Forever Facility to US$15 million
Minderoo Foundation has invested an additional US$5 million of catalytic capital in the Tropical Forest Forever Facility (TFFF), increasing its total commitment to US$15 million. This commitment of philanthropic capital catalysed a further US$15 million from The Children’s Investment Fund Foundation in support one of the world's most ambitious approaches to protecting tropical forests.
The announcement was made today at COP31, where a coalition of leading philanthropies committed more than US$85 million to the TFFF’s Sponsor Tranche, helping accelerate fundraising for the landmark facility as it enters its final phase before launch.
The TFFF was first launched under the leadership of Brazil President Luiz Inácio Lula da Silva at COP30 last year.
The Facility aims to secure an inaugural US$10 billion capitalisation by the end of 2026 and has already attracted backing from 67 countries representing more than 90 per cent of the world’s tropical forests. US$2.1 billion is still required to reach the goal.
“One year ago, Minderoo Foundation became the cornerstone philanthropic investor in the TFFF at COP30 in Belém with an initial US$10 million commitment,” Dr Andrew Forrest AO said.
“Today, Minderoo is proud to join The Children’s Investment Fund Foundation in increasing our support for the TFFF to US$15 million; matching CIFF’s own generosity.
“Together, we are demonstrating how innovative financing can help unlock the scale of investment needed to keep the world’s tropical forests standing.
“Minderoo’s support for the TFFF reflects our belief that protecting nature is critical to global climate goals and can be done without wasting time or money on carbon offsets.”
As governments and philanthropic partners work to close the remaining funding gap, the Facility is positioned to unlock unprecedented long-term finance for forest protection and restoration at a scale not previously achieved while directing at least 20 per cent of funding to Indigenous Peoples and Local Communities.
“The Tropical Forest Forever Facility is one of the most promising innovations in climate and nature finance we have seen in decades,” Minderoo Foundation CEO John Hartman said.
“By increasing our commitment to US$15 million, Minderoo is helping build confidence in a model that rewards real conservation outcomes while mobilising private and public capital at an unrivalled scale.”
“Tropical forests are essential to the health of our planet. They regulate rainfall, store vast amounts of carbon, support extraordinary biodiversity and sustain the livelihoods of more than a billion people around the world,” Holly Buschman, Executive Director of Natural Ecosystems at Minderoo Foundation, added.
“Minderoo is proud to support a solution that can help unlock the scale of finance needed to protect tropical forests for generations to come.”