Question to the Department for Energy Security & Net Zero:

To ask His Majesty's Government, further to the Written Answer by the Minister of State for Energy Security and Net Zero on 29 January (HC107822), whether they are still considering investing through British international investment in the Tropical Forests Forever Fund.

The Tropical Forests Forever Facility (TFFF) represents a critical evolution in forests finance, which is why the Government has been pleased to steadfastly support its development, including by pledging £2.5m to support the establishment of the Fund. Switching funding that had been set aside for international climate finance projects from grants into loans allows DESNZ to make £400m of financial transactions available to support the government's intention to invest in international climate finance projects, which could include projects such as TFFF. I will keep the House updated on the Government’s decision to invest in TFFF.