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Africa Coalition Rejects Misleading Forest Financialization Scheme

11/19/2025

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Summary

Story summary

The Africa Make Big Polluters Pay Coalition, with more than 32 organizations, rejected the Tropical Forest Forever Facility as a misleading attempt to financialise nature.
It argues the facility would commodify forests, divert resources from genuine climate action, and undermine local sovereignty.
They condemn the World Bank's role as trustee, asserting it centralizes power and excludes local communities.

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Story summary

The Africa Make Big Polluters Pay Coalition, with more than 32 organizations, rejected the Tropical Forest Forever Facility as a misleading attempt to financialise nature.
It argues the facility would commodify forests, divert resources from genuine climate action, and undermine local sovereignty.
They condemn the World Bank's role as trustee, asserting it centralizes power and excludes local communities.