New philanthropic pledges signal strong confidence in the TFFF

The $88 million in collective pledges announced by leading philanthropic organisations sends a powerful signal that the Tropical Forest Forever Facility (TFFF) has the momentum needed to move from vision to reality.

Kirsten Schuijt, Director General, WWF International, says: “The commitment of leading philanthropic organizations to the TFFF is an important vote of confidence in the Facility’s vision and potential. By backing the TFFF at this critical stage, these organizations are helping demonstrate that a new model for financing forest conservation is both credible and achievable. Their support should give additional confidence to governments, institutional investors and other partners that the TFFF can become a transformative source of long-term finance for tropical forests.”

The organizations include the Bacon Foundation, Children’s Investment Fund Foundation, Conservation International, the David and Lucile Packard Foundation, the Gordon and Betty Moore Foundation, Minderoo Foundation, Quadrature Charitable Foundation, The Nature Conservancy and a private family office.

Mauricio Voivodic, Executive Director, WWF-Brazil, adds: “As a country that is home to some of the world’s most important tropical forests, Brazil knows that protecting these ecosystems is not only a national responsibility, but also a global priority. The goal is to eliminate deforestation by 2030. The TFFF represents an opportunity to transform the way the world values and finances standing forests, recognising their essential contribution to climate stability, biodiversity and the well-being of millions of people. The growing support from philanthropic organizations demonstrates that this vision is gaining broader recognition.”

These commitments came during the COP31 Leaders’ Summit Event on Forests, where leaders reaffirmed the central role of forests in climate action.

Josefina Braña Varela, Vice President and Deputy Lead, Forests, WWF-US, said: “Today’s Leaders’ Summit Event on Forests sends an important signal: Forest action is gaining momentum, with countries advancing their plans, progress being reported, and new commitments to strengthen finance, including through TFFF. This, alongside the recently unveiled forest roadmap, reinforces the collective effort and provides a framework to align initiatives and accelerate delivery. The priority now is implementation at scale, with accountability and finance that are accessible, effective and deployed at the speed required to reach the people and places protecting forests.”

Today, the Netherlands has also reaffirmed its intention to invest up to $500 million in the TFFF, joining Brazil, Indonesia, Norway, Germany, France, Luxembourg and the UK.

Building on this positive momentum, WWF urges other countries to step up and invest in the TFFF to quickly help unlock the scale of finance needed to keep tropical forests standing.