Canada Pledges 392M for Forest Fund

Canada has pledged nearly 393 million dollars to support the Brazilian-led Tropical Forests Forever Facility. Prime Minister Mark Carney announced the funding to help the conservation initiative reach its operational targets.

Canada's Prime Minister Mark Carney speaks to journalists during a press conference on the sidelines of the 49th ASEAN Summit, in Manila, Philippines, November 14, 2026. REUTERS/Hollie Adams

Canada pledged up to C$560 million ($392.5 million) over four years to the Tropical Forests Forever Facility during a Sunday meeting. The commitment supports Brazil's ambitious conservation fund aimed at mobilizing global capital. The capital injection helps the fund reach critical operational thresholds to attract broader private and public investment.