NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

By Lucas Berti

Since 2023, Brazil has been pushing a new idea to finance the conservation of global tropical forests: Instead of directly donating money to Indigenous and conservation groups, nations and investors would add billions of dollars to a fund, the profits of which would revert to the countries that are doing a good job of keeping forests standing.

Photo courtesy of CIFOR-ICRAF.