Alternative to voluntary carbon markets for financing forest protection in the Global South? Under Brazil's TIFF proposal, rich nations would put $125B in a diversified portfolio with excess returns allocated to countries based on amount of forest left standing. www.nytimes.com/2024/10/03/c...

An ‘Elegant’ Idea Could Pay Billions to Protect Trees

Brazil is proposing a fund that would pay countries to protect tropical forests that are crucial to curbing climate change. It would generate returns, too.