General · 6 hours ago
UK offers £400 million loan for tropical forest protection
The UK government announced on Thursday it plans to invest £400 million into the Tropical Forests Forever Facility, a new approach to climate finance. The £400 million investment will be a loan, not a grant, ensuring value for money for British taxpayers while still supporting climate action. The facility aims to generate investment returns to repay investors and and reward countries for protecting tropical forests.
Reported by gov.uk · How we write briefs