Question to the Foreign, Commonwealth & Development Office:
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what assessment she has made of the potential impact of the Tropical Forests Forever Facility on drivers of migration linked to (a) deforestation and (b) environmental collapse.
Tropical forests play a crucial role in mitigating against climate change, preserving biodiversity and supporting the livelihoods of over one billion people worldwide. Deforestation, forest degradation and wildfires in forest biomes such as the Amazon risk pushing these ecosystems towards potentially catastrophic 'tipping points' from which they would be unable to recover. This in turn would trigger wider environmental impacts, food insecurity and geopolitical shocks which are key drivers of migration.
Forests remain chronically undervalued for the essential climate and environmental services they provide. The Tropical Forests Forever Facility (TFFF) is an exciting and ambitious initiative, designed to provide an innovative source of finance to reward countries for the protection of their standing forests. The UK has been proud to work with Brazil and other partners on the design of the TFFF ahead of COP30 in Brazil in November.