Committee publication · Correspondence · 13 May 2026
Correspondence from the Minister of State for International Development & Africa & the Minister for Climate relating to the Tropical Forest Forever Facility, 12 May 2026
Summary
The Ministers for Climate and International Development respond to the International Development Committee's letter on the Tropical Forest Forever Facility (TFFF), a forest finance innovation. The Government affirms its commitment to halting deforestation by 2030 and supporting TFFF, though it did not commit public funding at COP30 due to budget timing. The UK intends to provide £6 billion in International Climate Finance (2026/27–2028/29) and is exploring board participation and private finance mobilisation for TFFF.
Key findings
- Government recognises TFFF as important forest finance innovation and has provided diplomatic and technical support to its development, including support for establishing the World Bank trust fund to operationalise it.
- UK has met ICF3 commitments (£11.6 billion 2021/22–2025/26) and exceeded Nature (£3 billion) and Forests (£1.5 billion) sub-targets; intends to provide around £6 billion ICF Official Development Assistance under ICF4 (2026/27–2028/29).
- UK did not commit public funding to TFFF at COP30 due to Autumn Budget timing, but has not ruled out future investment and is considering securing a board seat.
- Government is actively exploring ways to mobilise private finance for TFFF, including leveraging the City of London, and is increasing AIM4Forests funding for technical assistance relevant to TFFF delivery.
- Government affirms that biodiversity loss and ecosystem degradation represent serious threats to UK national security and prosperity, and commits to halting and reversing deforestation and forest degradation by 2030.
Tone
FactualTopics
Key actors
Katie White OBE MP (Minister for Climate), Baroness Chapman of Darlington (Minister for International Development & Africa), Sarah Champion MP (Chair, International Development Committee), World Bank, UK Department for Energy Security & Net Zero, Foreign, Commonwealth & Development Office
Notable line
“… the Government is a strong supporter of the TFFF and recognises its potential as an important innovation in forest finance.”
Key Quotes
“You are right to highlight that biodiversity loss and ecosystem degradation represent serious threats to UK national security and prosperity.”
“The Government remains deeply committed to addressing these risks, both domestically and internationally, and to halting and reversing deforestation and forest degradation by”
“We have met our ICF3 commitment of at least £11.6 billion over the period 2021/22 to 2025/26 and exceeded both our Nature (£3 billion) and Forests (£1.5 billion) sub-targets.”
“While the UK did not commit public funding at COP30, due to the timing of the Autumn Budget, we have not ruled out a future investment and are considering the possibility of the UK securing a seat on the TFFF board.”
“The UK is actively exploring ways to mobilise private finance, including by leveraging the strength of the City of London to ensure TFFF's success.”
Source · parliament.uk record ↗