Which seven wars has Trump claimed to have ended?
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Donald Trump claims he has ended seven wars and that “everyone says” he should get the Nobel Peace Prize as a reward.
The US president’s push for the coveted prize goes back years, and the progression of his 20-point peace plan for Gaza comes right before the 2025 winner is announced tomorrow.
But what wars does Mr Trump claim to have ended, and what has he said about the Nobel Peace Prize?
Which seven wars does Trump claim to have ended?
Mr Trump first spoke of ending wars on 18 August, during his summit with Ukrainian and European leaders.
“I’ve done six wars, I’ve ended six wars,” he said. “If you look at the six deals I settled this year, they were all at war. I didn’t do any ceasefires.”
The following day, in an interview with Fox News, he revised the number to seven wars.
It’s a claim he went on to repeat last month at the New York at the UN General Assembly, saying that no one had “ever done anything close to that”.
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2:33
Trump: ‘I ended seven wars’
After his claims, the White House released the list of conflicts the president was referring to – six during his second term and one in his first. They are as follows:
Armenia and Azerbaijan
Donald Trump shakes hands with Armenian Prime Minister Nikol Pashinyan, (right) and Azerbaijan President Ilham Aliyev. Pic: AP
The two nations have been engaged in nearly 40 years of conflict over the disputed status of Nagorno-Karabakh.
Most recently, serious fighting broke out in September 2023 when Azerbaijan seized the area, which has been home to ethnic Armenians since pre-Soviet times.
But on 8 August this year, a peace agreement between the two sides was announced at the White House, which saw both leaders nominate Mr Trump for the Nobel prize.
Of all of the Trump peace claims, this is among the most legitimate, Dr Theo Zenou, research fellow at the Henry Jackson Society, tells Sky News.
“Credit where credit is due: brokering a peace agreement between Armenia and Azerbaijan is a genuine achievement,” he says.
Describing it as an “important symbol of progress”, he cautions that it was also largely due to “Russia’s declining influence in the region” and there remain “points of contention” between the two sides.
Thailand and Cambodia
Thailand’s acting Prime Minister Phumtham Wechayachai (centre) listens to a call with Donald Trump. Pic: AP
Tensions over land along Thailand and Cambodia’s 500-mile shared border have gone on for more than a century, leading to sporadic flare-ups in fighting.
On 24 July, after Thai officials claimed Cambodian troops opened fire at one of their military bases along the border, violence broke out again, leaving 35 people dead and hundreds of thousands of people displaced across four days.
Two days in, Mr Trump posted on Truth Social: “I am calling the Acting Prime Minister of Thailand, right now, to likewise request a Ceasefire, and END to the War, which is currently raging.”
While it was Malaysia that hosted peace talks, Mr Trump threatened to pull his negotiations over potential reductions in US tariffs on Thai and Cambodian imports unless the ceasefire held.
On 7 August, an agreement was signed.
A Cambodian soldier patrols around 20 miles from the Ta Moan Thom temple where unrest with Thailand started. Pic: Reuters
“Trump’s style is transactional,” says Dr Samir Puri, director of the Centre for Global Governance and Security at Chatham House. “He tries to economically induce the different parties to stop fighting – but there’s a huge difference between getting fighting to stop in the short-term and resolving the root causes of the conflict.”
Dr Puri says that this “nuance is lost on Trump”, while Dr Zenou adds that “underlying tensions are still salient”.
Rwanda and the Democratic Republic of Congo
Donald Trump with the foreign ministers of the DRC (right) and Rwanda (left), Marco Rubio, and JD Vance. Pic: AP
Longstanding tensions between the two African nations reignited in early 2025 when a group of Rwandan-government backed rebels, M23, seized a mineral-rich area of eastern Democratic Republic of Congo (DRC).
Rwanda, which borders the M23-controlled region of the DRC, has been accused of supporting the group, but denies the accusations.
After months of fighting, in June the countries’ foreign ministers travelled to the White House to sign a deal promising to honour a previous ceasefire agreement from 2024.
Mr Trump then credited himself with creating peace in “one of the worst wars anyone’s ever seen”.
Read more
What is the fighting in DRC about?
However, the Rwandan M23 rebel group was not directly involved in the talks and has said it does not consider the agreement binding.
Although Dr Puri notes it is “unprecedented” for a US president to intervene in the conflict and Dr Zenou describes it as a “step in the right direction”, he says the lack of M23 representation means the conflict “will likely rage on”.
Israel and Iran
Aftermath of Israeli strikes on Tehran, Iran. Pic: Reuters
The US bombed three of Iran’s nuclear sites after war broke out between the Islamic Republic and Israel on 13 June.
Following the US attacks, Mr Trump said: “Officially, Iran will start the CEASEFIRE and, upon the 12th Hour, Israel will start the CEASEFIRE and, upon the 24th Hour, an Official END to THE 12 DAY WAR will be saluted by the World.”
Israel’s Prime Minister Benjamin Netanyahu praised the US, but Iran’s Supreme Leader Ayatollah Ali Khamenei claimed that the US strikes “did not achieve anything” and claimed Iran had emerged victorious.
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1:25
Benjamin Netanyahu presents Trump peace prize nomination
Dr Puri notes that this is the only one of the seven conflicts where the president has used military force, which in itself is commendable. But, again, he claims Mr Trump merely “pushed the conflict into a state of dormancy” as opposed to addressing its fundamental causes.
Dr Zenou adds that there was “no peace deal” and the “two sides are essentially at war”.
India and Pakistan
Indian paramilitary patrol the streets in Indian-controlled Kasmir. Pic: AP
India and Pakistan have fought over the status of the Himalayan border region of Kashmir since their partition in 1947.
Tensions flared up again for four days in May following an attack in India-controlled Kashmir.
The nuclear-armed neighbours came to a ceasefire agreement on 10 May, which Mr Trump claimed was the result of a “long night of talks mediated by the United States”.
Although Pakistani officials ended up nominating him for the Nobel prize, India vehemently denied any US involvement and that talks were held “directly between India and Pakistan”.
Dr Puri describes India-Pakistan as the most “tenuous” of the US president’s peace claims.
“In no way could Trump claim to have resolved the Indo-Pakistan conflict, which dates back to 1947 and has extraordinary structural causes,” he says.
Egypt and Ethiopia
The Grand Ethiopian Renaissance Dam on the Blue Nile in Ethiopia. Pic: AP
For the last 12 years, Ethiopia and Egypt have been engaged in a dispute over Ethiopia’s Grand Ethiopian Renaissance Dam (GERD) on the River Nile, which began operating in 2022.
The dam is hugely important to Ethiopia, but Egypt says it compromises its access to water from the Nile. Talks on the issue broke down in late-June and no agreement has been reached.
Soon after, Mr Trump posted on social media: “If I were Egypt, I’d want the water in the Nile,” before declaring the US would solve the dispute soon.
He then claimed the US partially funded the dam – but the White House were unable to expand on his claims.
“I won’t get a Nobel Peace Prize for keeping Peace between Egypt and Ethiopia (A massive Ethiopian built dam, stupidly financed by the United States of America, substantially reduces the water flowing into The Nile River),” Mr Trump wrote online.
Ethiopian officials heavily dispute the assertions, saying the dam was built “without any foreign aid”.
Serbia and Kosovo
Donald Trump with Serbia’s President Aleksandar Vucic (left) and Kosovo’s Prime Minister Avdullah Hoti at the White House. Pic: AP
Kosovo declared independence from Serbia in 2008 after years of tensions in the wake of the Balkan wars in the 1990s.
Ninety-two countries recognise Kosovo’s independence, but the Serbian government still does not recognise its sovereignty and, in June this year, tensions flared again.
“Serbia, Kosovo was going to go at it, going to be a big war. I said you go at it, there’s no trade with the United States. They said, well, maybe we won’t go at it,” he posted online.
Kosovo’s President Vjosa Osmani said she had “reliable information” Mr Trump had intervened to prevent a skirmish but did not give any further details.
When this was put to the White House, Team Trump only referenced the agreement signed at the White House during his first term in September 2020, when the states committed to economic normalisation.
What has Trump said in his Nobel campaign?
2019
In February 2019, Mr Trump claimed Japan’s then Prime Minister Shinzo Abe had nominated him following his 2018 summit with North Korean leader Kim Jong Un, where they discussed the country’s nuclear weapons programme.
Speaking at the White House, he claimed Mr Abe had given him “the most beautiful copy of a letter that he sent to the people who give out a thing called the Nobel Prize”.
He claimed Mr Abe had told him: “I have nominated you,” to which Mr Trump replied: “Thank you. Many other people feel that way too. I’ll probably never get it. But that’s okay.”
The president went on to reference his predecessor Barack Obama winning the prize in 2009.
“They gave it to Obama. He didn’t even know what he got it for. He was there for about 15 seconds and he got the Nobel Prize,” he said. “With me, I probably will never get it.”
Which American presidents have won the Nobel Peace Prize?
Four US presidents have won it in the past:
• Theodore Roosevelt (1906) – for negotiating peace in the Russo-Japanese war in 1904-05.
• Woodrow Wilson (1919) – for his role as founder of the League of Nations.
• Jimmy Carter (2002) – for undertaking peace negotiations, campaigning for human rights, and working for social welfare.
• Barack Obama (2009) – for extraordinary efforts to strengthen international diplomacy and cooperation between peoples.
All of the presidents won the award while in office, except for Mr Carter – though the Nobel Committee said he should have won it in 1978, while president, for successfully mediating a peace agreement between Egypt and Israel.
2020
In January 2020, he complained he should have won it instead of Ethiopia’s Prime Minister Abiy Ahmed Ali, who oversaw his country signing a peace deal in its border conflict with Eritrea.
Referencing his own involvement in the peace talks, which were largely led by Saudi Arabia, Mr Trump told an election rally in Ohio: “I’m going to tell you about the Nobel Peace Prize, I’ll tell you about that. I made a deal, I saved a country, and I just heard that the head of that country is now getting the Nobel Peace Prize for saving the country.
“But you know, that’s the way it is. As long as we know, that’s all that matters… I saved a big war, I’ve saved a couple of them.”
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1:05
Trump: Nobel Peace Prize nomination ‘sort of a big thing’
2024
At another rally ahead of his second election win in 2024, he told supporters in Detroit: “If I were named Obama I would have had the Nobel Prize given to me in 10 seconds.”
2025
In February this year, during a meeting with Israeli Prime Minister Benjamin Netanyahu at the White House, he said: “They will never give me a Nobel Peace Prize. I deserve it, but they will never give it to me.”
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Benjamin Netanyahu presents Trump peace prize nomination
In July, Mr Netanyahu revealed he had nominated Mr Trump, and said he was “forging peace as we speak” in “one country and one region after the other”.
At the New York at the UN General Assembly, after making his seven wars claim, Mr Trump said that “everyone says that I should get the Nobel Peace Prize”.
His team has also added to calls for him being awarded the prize, with his press secretary Karoline Leavitt mentioning it at several White House briefings, describing him as the “peace president” and saying it is “well past time”.
Could Trump actually win one?
The deadline for nominations for this year’s Nobel Peace Prize was on 31 January, not long after Mr Trump returned to the White House.
Over his two terms, he has been nominated for the Nobel Peace Prize more than 10 times – including by Mr Netanyahu, Cambodia’s Prime Minister Hun Manet, a Ukrainian politician, as well as legislators from the US, Sweden, and Norway.
But it is not clear if any of Mr Trump’s recent nominations came before the January deadline.
Dr Zenou says that while it is not included in his list of “seven wars”, the Abraham Accords, which saw several Arab states recognise Israel for the first time in almost 50 years, are Mr Trump’s “greatest diplomatic achievement”.
Donald Trump with the leaders of Israel, Bahrain, and the UAE at the White House for the Abraham Accords signing in 2020. Pic: AP
Describing them as a “watershed moment in the history of the Middle East”, Dr Zenou said the accords, signed at the White House in 2020, are all the more significant for having held despite the current conflict between Israel and Hamas.
However, Saudi Arabia is yet to sign them, which will serve as “one of Trump’s biggest tests yet” in his quest for the Nobel Prize, Dr Zenou adds.
Could the Gaza agreement help Trump’s cause?
In a major development overnight on Wednesday, Israel and Hamas signed off on the first phase of Donald Trump’s 20-point peace plan, with a ceasefire expected to begin within 24 hours.
Mr Netanyahu said the breakthrough meant the remaining 48 hostages held by Hamas, 20 of whom are thought to still be alive, would be returned.
Nina Graeger, director of the Peace Research Institute Oslo, suggests the overnight developments in Gaza have come too late for Mr Trump’s Nobel Prize hopes because the winner “will already have been chosen, and speeches prepared ahead of Friday’s announcement”.
“However, if Donald Trump’s 20-point plan will lead to a lasting and sustainable peace in Gaza, the committee would almost certainly have to take that into serious consideration in next year’s deliberations,” she told Sky News.
“Of course, they would also need to weigh that achievement against the broader record of his efforts to promote peace – both within the US and internationally – in line with Alfred Nobel’s will.”
How do you win a Nobel Peace Prize?
Anyone can be nominated for the prize, but its website cautions that with “no vetting of nominations”, “to simply be nominated is therefore not an official endorsement or honour and may not be used to imply affiliation with the Nobel Peace Prize or its related institutions.”
Only people who meet certain criteria can nominate someone, including heads of state, members of government, former Nobel winners, and university professors.
The Nobel committee, a panel of five experts appointed by the Norwegian Storting (supreme legislative body), shortlists candidates, which are then further scrutinised by external consultants. These include permanent advisers to the committee, Norwegian and international experts in the field.
Once this information is shared with the committee, the final decision is made and the winner announced each October.
In 2025, there were 338 candidates, including 244 individuals and 94 organisations.
Why experts think Trump is wrong for the prize
Alfred Nobel’s will, the award’s foundation, says the award should go to the person “who has done the most or best to advance fellowship among nations”.
That is something Trump is not doing, according to Ms Graeger.
“He has withdrawn the US from the World Health Organization and from the Paris Accord on climate, he has initiated a trade war on old friends and allies,” she said.
“That is not exactly what we think about when we think about a peaceful president or someone who really is interested in promoting peace.”
During his second term, Mr Trump has also proposed measures that critics argue will hamper education and scientific research – two areas that are considered pillars of the Nobel Prize.
Critics of Mr Trump also point to his controversial US Immigration and Customs Enforcement (ICE) agency, through which the president has been sending troops to a string of Democratic-led cities to enforce his immigration laws.
The US military has also carried out at least four strikes on boats in recent weeks that the White House said belonged to cartels, including three it said originated from Venezuela.
The Trump administration said 21 people were killed in the strikes – but it has has yet to provide underlying evidence to lawmakers proving that the boats were carrying drugs.
Asle Toje, the deputy leader of the present Norwegian Nobel Committee, has suggested Mr Trump’s lobbying campaign for the prize may have had an opposing effect on his chances of winning.
“These types of influence campaigns have a rather more negative effect than a positive one, he says. “Because we talk about it on the committee. Some candidates push for it really hard and we do not like it.
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World
Inside Jordan warehouse where Gaza aid held ‘after being refused entry by Israel’
Published
5 mins agoon
November 17, 2025By
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Sky News has seen multiple warehouses in the Jordanian capital Amman, packed full of critical aid earmarked for the Gaza Strip.
There are three other similar locations in the country and run by the Jordanian authorities holding aid intended for Gaza.
There are also large amounts of aid being stored separately by the United Nations in Jordan.
Both the Jordanian authorities and the UN say the majority of aid collected has been sitting in Jordan since March, with only a negligible amount of aid being allowed into Gaza because of Israeli restrictions on aid going into the Strip.
The news comes as tens of thousands of families living in tents in Gaza have been affected by flooding following heavy rains across the region.
The stored aid is equivalent to thousands of trucks’ worth of aid – in Jordan alone.
And the United Nations says there’s even more aid being held back in Egypt too – in total, enough aid to provide food for the entire Gaza population for about three months, according to the deputy commissioner general for UNRWA, Natalie Boucly, who was interviewed by The Guardian.
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Sky’s special correspondent Alex Crawford, who is in Amman, said: “The aid in Jordan alone includes critical supplies such as tents and tarpaulins as well as blankets, mattresses, medicines like paracetamol as well as baby formula… all being stored here and held back, according to the UN here in Jordan and the Jordanian authorities, all being refused entry by the Israelis.”
What has UNICEF said?
The UN aid agency for children has called on Israel to allow all of its supplies into Gaza.
Writing on X, UNICEF said it had already distributed more than 5,000 tents, 220,000 tarps and 29,000 winter clothes kits.
The Israeli defence body in charge of humanitarian aid in Gaza, COGAT, has said it is allowing in winter materials including blankets and tarps, which are water-resistant sheets made of canvas or plastic used for protection from the elements.
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But aid organisations have warned the efforts are completely inadequate and vastly outnumbered by those in need – an estimated 1.4 million people are classified as vulnerable by aid agencies.
In contrast, on X, COGAT said it had “facilitated close to 140,000 tarpaulins directly to the residents of the Gaza Strip” and had spent the past few months coordinating with the international community.
It went on: “We call on international organisations to coordinate more tents and tarpaulins and other winter humanitarian responses.”
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Read more from Sky News:
Five young adults dead after car crash
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But the UN insists Israel is in breach of international humanitarian law and has the responsibility as the occupying force to ensure the safe distribution and coordination of life-saving aid.
What does the Israeli military say?
An Israeli military official told Sky News that aid was stopped from Jordan after the main border crossing with Israel was closed following an attack there in September, which saw a Jordanian truck driver kill two Israeli soldiers.
Although both Jordanian officials and UN figures in the country say hardly any aid – a “negligible” amount – was allowed into Gaza from Jordan many months before this, dating back to March.
The Israeli military official said the crossing will not be opened until an investigation is concluded into the incident. They pointed out that there are other routes for aid to enter Gaza along the Egypt border, and hundreds of trucks enter the strip every day under the Israel-Hamas ceasefire agreement.
However, the UN and multiple aid organisations say this is a fraction of what is required to meet the huge need inside Gaza and there are thousands of trucks’ worth of aid also piled up and waiting to be allowed over from Egypt too.
Meanwhile, in the sprawling Muwasi tent camp in Gaza, winter’s first strong rainfall sent water cascading through the flimsy tents, which are now homes to tens of thousands of displaced families.
Residents tried to dig trenches to keep the water from flooding their tents, as intermittent rains that began on Friday poured through tears in tarpaulins and makeshift shelters.
A Palestinian child walks through the rain in the Sheikh Radwan neighbourhood of Gaza City. Pic: AP
‘Water puddles are inches high’
Assil Naggar said he “spent all (Friday) pushing water out of my tent”, adding his neighbours’ tents and belongings were wrecked.
“Water puddles are inches high, and there is no proper drainage,” he continued.
Tents used by displaced Palestinians, on a rainy day in the central Gaza Strip. Pic: Reuters
The UN said Muwasi was sheltering up to 425,000 displaced Palestinians earlier this year, the vast majority in makeshift temporary tents, after Israel’s war with Hamas displaced most of Gaza’s population of more than two million people.
The bulk of Gaza’s infrastructure is estimated to have been destroyed or badly damaged during the Israeli bombardment.
What’s the latest with the ceasefire?
The first stage of the ceasefire agreement between Israel and Hamas, which took effect on 10 October, is now nearing its end with Israeli forces pulling back to a ‘yellow line’ and Hamas releasing all living Israeli captives who were held in Gaza.
Hamas has yet to return the remains of three more hostages, which Israel is demanding before progressing to the second stage, which includes an international stabilisation force to oversee security in Gaza.
On Monday, the UN Security Council is expected to vote on a US proposal for a UN mandate for such a force despite opposition from Russia, China and some Arab countries.
The Israeli bombardment of Gaza has gone on for more than two years, killing nearly 70,000 Palestinians, mostly women and children, according to the Palestinian territory’s ministry of health, which does not distinguish between civilians and combatants.
The Israeli military campaign came in response to attacks inside southern Israel by Hamas militants on October 7 2023, which saw 1,200 people killed and 251 taken hostage.
World
Three men and two women in their 20s have died in car crash in Co Louth, Irish police say
Published
19 hours agoon
November 16, 2025By
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Three men and two women died in a road crash involving two cars in Co Louth on Saturday night, Irish police said.
The collision happened on the L3168 in Gibstown, Dundalk, shortly after 9pm.
Police said the five victims were all aged in their 20s and had been in the same vehicle, a Volkswagen Golf.
They were pronounced dead at the scene.
Another man, also in his 20s, was “removed” from the car and taken to Our Lady of Lourdes Hospital in Drogheda, where he was treated for “serious non-life-threatening injuries”, said Superintendent Charlie Armstrong.
The Golf was in a collision with a Toyota Land Cruiser.
A man and a woman in the second vehicle were also taken to the same hospital.
Their injuries are described as “non-life-threatening”.
‘A shocking, devastating event’
Superintendent Armstrong said an investigation into the road crash was under way, as he praised the emergency services.
He said: “The scene was very difficult, in adverse weather conditions, and the professionalism shown by all first responders and the care and respect shown to the five deceased was exemplary.
“This tragedy, with the loss of five young adults, will have a deep impact on families and local communities in Carrickmacross, Dromconrath and in Scotland.
“This is a shocking, devastating event for these families, their communities and the community here in Dundalk.”
He said family liaison officers have been appointed to each of the families and police will keep them updated.
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Superintendent Armstrong urged anyone with information about the collision to contact the investigation team.
He said: “I am appealing to any person who was on the L3168 between 8.30pm and 9.15pm, last night Saturday November 15 2025, to contact the Garda investigation team.
“I am appealing to any person who might have any camera footage or images from the L3168, Gibstown area, between 8.30pm and 9.15pm last night, to give that footage or images to the investigation team at Dundalk Garda Station.”
The L3168 was closed between the N52 and the R171 as forensic experts investigated, and traffic diversions were in place.
World
Brazil ‘surprised’ UK not investing in new rainforest fund it helped design
Published
1 day agoon
November 16, 2025By
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Brazil was “a bit surprised” Britain hasn’t contributed to a new investment fund to protect tropical forests, despite having helped to design it, a senior official has told Sky News.
The Amazon nation has used its role as host of the COP30 climate talks to tout its new scheme, which it drew up with the help of countries including the UK and Indonesia.
With Britain’s budget day looming, Prime Minister Sir Keir Starmer decided against chipping in when he visited the Amazonian city of Belem this month.
The news came out the day before Brazil was about to launch it.
“The Brazilians were livid” about the timing, one source told Sky News.
Lush rainforest and waterways in the Brazilian Amazon
A waterfall in Kayapo territory in Brazil
Garo Batmanian, director-general of the Brazilian Forestry Service and coordinator of the new scheme, said: “We were expecting [Britain to pay in] because the UK was the very first one to support us.”
The so-called Tropical Forests Forever Facility (TFFF) was drawn up with the help of “very bright people from the UK”, according to Mr Batmanian.
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“So we are a bit surprised, but we expect that once internal situations get better, hopefully they will come through,” he added.
The UK’s climate envoy, Rachel Kyte, told Sky News: “The PM agreed the decision was about not doing it now, as opposed to not ever.
“We will look at the TFFF after the budget and are carefully tracking how others are investing.”
Forest growing back from a fire (bottom left) and deforestation alongside healthy sections of Amazon rainforest
The fund has been hailed as a breakthrough – if Brazil can get if off the ground.
Paul Polman, former Unilever boss and now co-vice chair of Planetary Guardians, said it could be the “first forest-finance plan big enough to change the game”.
Why do tropical forests need help?
At their best, tropical forests like the Amazon and the Congo Basin provide food, rainfall and clean air for millions of people around the world.
They soak up carbon dioxide – the main driver of climate change – providing a cooling effect on a heating planet.
But they are being nibbled away at by extractive industries like oil, logging, soy and gold.
Parts of the Amazon rainforest already emit more carbon dioxide than they store.
Other pockets are expected to collapse in the next few decades, meaning they’d no longer be rainforests at all.
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Greenpeace says deforested land could be better used, which would save the need for more land to be cleared
Cristiane Mazzetti, senior forest campaigner at Greenpeace Brazil, said: “Science is saying we need to immediately stop deforestation and start restoring what was once lost.
“And in Brazil, we already have enough open land that could be better used for agricultural expansion… There is no need [to open up] new areas.”
Can Brazil’s new investment fund save the world’s rainforests?
For decades, forests have been worth more dead than alive.
Successive attempts to save them have fallen flat because they’ve not been able to flip the economics in favour of conservation, or ensure a long-term stream of cash.
Brazil hopes the TFFF, if it launches, would make forests worth more standing than cut down, and pay out to countries and communities making that happen.
Mining is a lucrative industry in the Amazon. Pic: Reuters
“We don’t pay only for carbon, we are paying for a hectare of standing forest. The more forests you have, the more you are paid,” said Mr Batmanian.
The other “innovation” is to stop relying on aid donations, he said.
“There is a lot of demand for overseas development assistance. It’s normal to have that. We have a lot of crisis, pandemics, epidemics out there.”
Instead, the TFFF is an investment fund that would compete with other commercial propositions.
Mr Polman said: “This isn’t charity, it’s smart economic infrastructure to protect the Amazon and keep our planet safe.”
How does the TFFF raise money?
The idea is to raise a first tranche of cash from governments that can de-risk the fund for private investors.
Every $1 invested by governments could attract a further $4 of private cash.
The TFFF would then be able to take a higher amount of risk to raise above-market returns, Brazil hopes.
That means it could generate enough cash to pay competitive returns to investors and payments to the eligible countries and communities keeping their tropical trees upright.
At least 20% of the payments has been earmarked for indigenous communities, widely regarded as the best stewards of the land. Many, but not all, have welcomed the idea.
Will the TFFF work?
The proposal needs at least $10-25bn of government money to get off the ground.
So far it has raised $5.5bn from the likes of Norway, France, and Indonesia. And the World Bank has agreed to host it, signalling strong credibility.
But it’s a hard task to generate enough money to compete with lucrative industries like gold and oil, many of which governments already invest in.
Dr Andreza Aruska de Souza Santos, director, Brazil Institute, King’s College London
Dr Andreza Aruska de Souza Santos, director of King’s College London’s Brazil Institute, said TFFF has the potential to make it “very financially viable to have a forest as a forest”.
“But the problem is that TFFF would need to compete with these very profitable industries… because you need to capture as much money from governments, from investors.
“And so far it’s not quite balancing the competitiveness of other sectors that are potentially harmful for forests.”
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