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Developed nations pledge $4 billion to curb deforestation
31/05/2010
Following news that Norway has pledged $1 billion to tackle deforestation in Indonesia, it has been announced that developed nations pledged in excess of $4 billion at a deforestation conference in Oslo on Thursday to help poorer nations curb deforestation and tackle global warming.
It is believed that deforestation, the destruction of forestry and woodland, accounts for as much as 20 per cent of carbon dioxide emitted into the atmosphere, the same quantity as that released by all the world’s cars, trains, lorries, ships and airplanes. Around 32 million acres of forests are destroyed every year – equivalent to the size of England.
The programme which has been launched is called REDD Plus (Reducing Emissions from Deforestation and Degradation) and has the aim of encouraging wealthier nations to finance projects to protect forests and to coordinate this aid to ensure transparency and avoid wastage.
EU climate commissioner, Connie Hedegaard, announced that this new agency, along with a comprehensive database, will help to monitor agreements between countries to tackle deforestation and help educate those who live in forested areas to do so in a sustainable fashion.
These important developments highlight how vital woodland investment is for tackling global climate issues.
It is believed that deforestation, the destruction of forestry and woodland, accounts for as much as 20 per cent of carbon dioxide emitted into the atmosphere, the same quantity as that released by all the world’s cars, trains, lorries, ships and airplanes. Around 32 million acres of forests are destroyed every year – equivalent to the size of England.
The programme which has been launched is called REDD Plus (Reducing Emissions from Deforestation and Degradation) and has the aim of encouraging wealthier nations to finance projects to protect forests and to coordinate this aid to ensure transparency and avoid wastage.
EU climate commissioner, Connie Hedegaard, announced that this new agency, along with a comprehensive database, will help to monitor agreements between countries to tackle deforestation and help educate those who live in forested areas to do so in a sustainable fashion.
These important developments highlight how vital woodland investment is for tackling global climate issues.
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