Can this billion-dollar initiative save the world’s tropical forests?
(Credit: Unsplash)
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Natalie Marchant, Writer, Formative Content
A new public-private initiative will provide $1 billion in financing to countries that protect their tropical forests.
The US, UK and Norwegian governments have teamed up with global businesses such as Amazon, GSK and Nestlé in an attempt to end deforestation.
Destruction of primary rainforests increased by 12% from 2019 to 2020, with the world losing over 4.2 million hectares of forest cover last year.
The LEAF Coalition will also benefit billions of people who depend on tropical forests for their livelihoods.
POLITICO
Biden contemplates a climate deal with the ‘Trump of the tropics’
Brazilian President Jair Bolsonaro is a climate-scoffing populist whose allies are hacking away at the Amazon, the rainforest that sucks up vast amounts of the world s carbon pollution.
Brazil s President Jair Bolsonaro. | AP Photo/Eraldo Peres
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Much of President Joe Biden’s ambitions to save the planet comes down to a delicate dance: Can he cut a deal with the Brazilian leader whose allies are slashing and burning the Amazon?
Biden may have little choice but to try despite warnings from U.S. allies and activists inside and outside of Brazil that he cannot trust the “Trump of the tropics.”
Nace coalición público-privada que destinará más de U$$ 1000 millones para acelerar la acción climática comunicarseweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from comunicarseweb.com Daily Mail and Mail on Sunday newspapers.