“The climate crisis cannot be solved without halting tropical deforestation. Many factors drive deforestation, but the root cause is the lack of economic incentives to protect and restore forests. The only viable way to halt tropical deforestation is to reverse these misaligned economic incentives, ensuring forests are worth more alive than dead. LEAF aims to mobilize public and private sector finance with forward purchase commitments to reward forest governments for reducing deforestation, while catalyzing a wider market for high-integrity forest carbon credits.”
Pará set to receive finance to support efforts to tackle deforestation Landmark deal will provide investment to preserve critical forests and support communities...
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By Valerie Volcovici28 May 2024ReutersSince Day One, President Biden has led and delivered on the most ambitious climate agenda in history, including by securing the Inflation Reduction...
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