New public-private coalition launched to mobilize more than $1 BN to protect tropical forests and enhance global climate action
Today at the Leaders Summit on Climate a group of governments and companies announced the LEAF Coalition, an ambitious new public-private initiative designed to accelerate climate action by providing results-based finance to countries committed to protecting their tropical forests. This initiative aims to mobilize at least $1 billion in financing, kicking off what is expected to become one of the largest ever public-private efforts to help protect tropical forests, to the benefit of billions of people depending on them, and to support sustainable development.
Urfolksrettigheter styrket gjennom regnskogsavtale med Colombia
Norge, Tyskland og Storbritannia forsterker sin skog- og klimaavtale med Colombia, etter at landene forrige uke ble enige om detaljerte mål og forpliktelser. Avtalen skal måles opp mot en rekke milepæler som landene har fremforhandlet, og som skal støtte opp under målsettingen om å redusere avskogingen i Colombia
Decoupling commodities production from deforestation: On-demand webinar with Tropical Forest Alliance & NICFI Data program
On March 25, the NICFI Satellite Data Program team will host an on-demand webinar with the Tropical Forest Alliance’s multi-stakeholder community, sharing more information on how high-resolution satellite imagery can help bring solutions to this space, and how inspiring early movers like AidEnvironment and Unilever are already leading the way.
The AndGreen Fund invests in Marfrig Global Foods
The AndGreen Fund signs loan agreement with Marfrig, the world’s second largest beef producer, supporting the transition to a deforestation free cattle supply chain. The AndGreen fund is a blended finance facility set up to invest in sustainable commodity production. Norway’s International Climate and Forest Initiative (NICFI) has committed USD 100 million to the fund.
Norway will pay 530 million NOK for reduced deforestation in Indonesia
After 10 years of hard work, deforestation in Indonesia is going down. Emissions from deforestation and forest degradation in Indonesia were lower in 2016-17 than in the preceding decade. In response, Norway will pay up to 530 million NOK (approx. $56 million) for the good results. This is the first time Norway pays for Indonesia’s results in emission reductions.
Every minute, the world loses ten soccer pitches of tropical rainforest
In 2019 the world lost 3.8 million hectares of tropical primary forests, according to a new report. This equals a soccer pitch every six seconds – in total an area the size of Switzerland.
New satellite images to allow anyone, anywhere, to monitor tropical deforestation
On Wednesday 23 September 2020, Norway’s Ministry of Climate and Environment entered into a contract worth up to NOK 400 million (approx. USD 43 million) with Kongsberg Satellite Services (KSAT) and its partners Airbus and Planet, to provide universal access to high-resolution satellite monitoring of the tropics in order to support efforts to stop the destruction of the world’s rainforests.
Nine European countries strengthen cooperation against deforestation
The European countries that make up the Amsterdam Declarations Partnership have renewed their commitment to eliminate deforestation in relation to agricultural commodities until 2025. Now also Belgium and Spain have joined the partnership.