Netherlands pledges 500 million dollars for tropical forest conservation facility

The Netherlands has pledged 500 million dollars over a 10 year period to support the Tropical Forest Forever Facility, Mongabay reported. The pledge was announced in an official press release on October 26. [1]

The Tropical Forest Forever Facility was created to provide long term funding for the conservation of tropical forests across the globe, according to Mongabay. Dutch officials estimate that the facility has the potential to protect 800 million to 900 million hectares, or 2.0 billion to 2.2 billion acres, of tropical forest. [1]

The European Netherlands consists of 12 provinces covering approximately 33,720 square kilometers. The area targeted for protection by the facility is roughly 200 times the size of the Netherlands, Mongabay noted. [1][7]

The new funding aims to provide a significant boost to international efforts to secure long term environmental conservation for tropical forest ecosystems, according to Mongabay. [1]