REDD+ Business Initiative
  • HOME
  • ABOUT US
    • Vision
    • Mission
    • Why REDD+
    • Our team
    • Background information
  • MEMBERS
  • ACTIVITIES
    • Awareness raising
    • Support to members
    • Flagship projects
    • Advocacy & lobby
    • Impact and results
  • NEWS
  • FAQ
  • JOIN US
    • Why join us
    • Membership info
    • Contactform
  • Nederlands
  • Menu Menu

Landmark Deforestation agreement Glasgow

News

Two days ago (November 3rd 2021) more than 100 world leaders have promised to end and reverse deforestation by 2030 in order to curtail the second largest source of greenhouse gas emissions. Large forest countries like Brazil, Congo and Indonesia have put their name to the deal as well as large consumers of deforestation-linked commodities like China, the EU and the US. To make the agreement work 10,2 billion Euro of public funding and 6,2 private funding have been pledged.

The agreement is made against the backdrop of earlier commitments on halting deforestation that failed and disturbing news on deforestation in for instance Brazil, where deforestation was the highest since 2012 last year, with an area of destroyed forest comparable to a quarter of the Netherlands. Nevertheless Brazil signed the agreement and both Indonesia and Brazil announced that they will allow the carbon market to play an important role in reducing deforestation. If this is part of a genuine national policy framework for halting deforestation and sustainable development it might turn the tide.

Sources: www.bbc.com, www.foresthints.news and www.bloomberg.com.

Share this entry
  • Share on LinkedIn
  • Share by Mail
  • Link to Youtube
https://reddplusbusiness.com/wp-content/uploads/2021/11/Landmark-Deforestation-agreement-Glasgow.jpeg 999 1500 Maureen https://reddplusbusiness.com/wp-content/uploads/2021/09/Redd-Plus-logo-web.png Maureen2021-11-05 09:39:402022-05-05 14:35:32Landmark Deforestation agreement Glasgow

Search

Archives

Tags

Carbon Credits Carbon Market Carbon offsets climate transition action plan COP21 emission reduction Forest conservation forest protection Invite Landmark Deforestation agreement Glasgow net-zero emissions Nii Kaniti Peru planting trees REDD+ Saving tropical forests Sumatra Merang Peatland Tambopata Taskforce Voluntary Carbon Market

Redd+ Business Initiative

Join us!

Follow us on

  • Link to LinkedIn
  • Link to Mail
  • Link to Youtube
© 2022 - REDD+ Business Initiative - All rights reserved - Website by MC4DESIGN
  • Privacystatement
  • Cookiestatement
  • Proclaimer
  • Sitemap
Scroll to top