If successfully implemented, the sovereign-backed investment fund – championed by Brazil – could generate far more money for tropical forests than traditional donor models
The UK is the latest wealthy nation to announce cuts to its overseas aid budget after agreeing to step up climate finance to developing countries at COP29
Mafalda Duarte stresses the strategic and economic importance of keeping money flowing to developing countries after Trump cancelled $4bn pledge to the fund
Countries increased their contributions to the International Development Association in its largest replenishment yet, but experts warn rising inflation means a real-term cut