“Tropical forests forever”. Brazil will invest a billion dollars in the fund

President of Brazil Luiz Inacio Lula Da Silva declared on Tuesday at the UN forum that his country would invest a billion dollars in a fund called tropical forests forever (Tfff). This is a new instrument created for countries who want to preserve their forests and forests.

The President of Brazil invited other countries represented at the meeting, which took place in the margins of the UN General Assembly, to report “equally ambitious” projects as his country, which was the first to undertake such a commitment and initiated these activities.

“Tfff This is not a renunciation or a act of charitybut the investment of humanity in defense against the threat of nature devastation and climate chaos, “said President Lula da Silva.

Alay Banga, president of the World Bank, an institution that helped construct the Tfff financing model, said that this instrument

It allows you to implement the entire project and obtain the expected results “, i.e.” saving the natural forest resources of the Earth before their destruction, i.e. the devastation of our planet.

The creators of the project set themselves the goal of creating a fund in the amount of $ 125 billion by governments and private investors, which will be invested in vouchers or shares of large enterprises.

Brazilian authorities assess that it will generate it Return of capital in the amount of $ 4 billion per year to separate between over 70 tropical countries – From Colombia to Indonesia, which will save the lungs of our planet, which are its forests.

The assessment of the contribution of individual countries in the realization of this great project to prevent the planet to prevent the planet is to be possible thanks to the satellite monitoring system. (PAP)

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