The multibillion-dollar fund would essentially pay countries to keep forests standing, hoping for success where earlier forest-protection ideas have struggled.

Brazil is set to announce Thursday the establishment of a multibillion-dollar fund designed to pay countries to keep their tropical forests standing. The Tropical Forest Forever Facility would deliver $4 billion per year to as many as 74 countries that maintain their forest cover. The fund requires ...

Tropical countries from Cameroon to Colombia could earn tens of millions of dollars a year under a novel approach to protecting the world's rainforests being launched at the COP30 summit in Brazil.