New Delhi: As the annual climate change conference COP30 officially kicked off in Brazil’s Belem on Monday, the Brazilian hosts launched their Tropical Forest Forever Facility (TFFF) in the presence of delegates from 143 countries. On a befitting note, the fund to protect tropical forests around the world was launched in a city that is surrounded by the Amazon, the world’s largest tropical rainforest.

This permanent forest fund already has $5.5 billion in pledges from various countries within the first few days of COP30, including from Brazil, Norway, Indonesia and France. There are also investments from private players, like the Mindaroo Foundation, an Australian philanthropy. India, which accounts for 2% of the world’s total forest cover and is a major tropical forest country, has c

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