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    <title>Brazil stumps up billions of dollars for its ambitious rainforest fund at UN climate summit</title>
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    <description>The Tropical Forests Forever Facility will use interest-bearing debt to issue fixed-rate securities (initially targeting USD 25 billion and leveraging to USD 125 billion) to fund performance-based payments to eligible forested countries that keep deforestation below set rates; payouts are reduced at a punitive rate per hectare destroyed and 20% of proceeds are allocated to Indigenous peoples, while disbursements depend on conditional international pledges and reaching capitalization thresholds to enable bond issuance.</description>
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