Forest And Donor Countries Stump Up To Reduce Emissions
Forest and donor countries have kicked off an important
joint process which could speed up action to reduce
the 20 per cent of global carbon emissions
linked to deforestation and forest degradation.
Despite no formal agreement to achieve Reduced Emissions from forest Degradation and Deforestation (REDD) being reached at the United Nations conference on climate change last December, key nations met yesterday in Paris in a process being called the REDD+ Partnership Process.
The initiative, which brings together major forest countries and donor nations, is hosted by Norway and France. Broad agreement has already been reached on principles and safeguards of REDD+ and according to WWF, the initiative represents a critical opportunity to mobilise early action and financing for national REDD+ programmes.
“Slowing deforestation would help the world significantly cut global emissions,” said WWF Forest Carbon Initiative Leader Chris Elliott.
“That’s an opportunity we simply cannot ignore as any delay in reducing emissions only makes it more difficult to limit global warming to well below 2 degrees C.”
“The REDD+ Partnership process must build real momentum for countries to move ahead with REDD+,” said Elliott, “It is important this remains an open and inclusive process.”
Countries have signalled their commitment to REDD+, with many developing countries, including Brazil and Indonesia, announcing targets for reducing emissions from deforestation and forest degradation. In Copenhagen, $3.5 billion was pledged for REDD+ by Australia, France, Japan, Norway, the UK and the US.
“With funding already flowing for REDD+, it is vital that benefits for people and biodiversity are a fundamental part of this effort to integrate forests into the climate change solution,” said Elliott. “REDD+ is not only about the carbon stored in forests and so we must ensure there are positive social and environmental impacts as REDD+ becomes a reality.”