- KR Bharat
- 2025-11-07
At the ongoing United Nations Climate Change Conference (COP30), world leaders have announced the creation of a new multi-billion-dollar fund aimed at rewarding countries that protect their forests. The initiative is designed to support tropical nations in reducing deforestation and promoting sustainable environmental practices. By linking financial incentives with forest conservation, the program seeks to strengthen global efforts to combat climate change and preserve biodiversity.
This new fund represents a major shift in climate finance, as it encourages direct support from developed nations to those with rich forest cover. Environmental experts believe it will help developing countries invest more effectively in green initiatives, create local employment opportunities, and reduce carbon emissions. The announcement has been widely welcomed as a practical step toward balancing economic development with environmental responsibility.
