EFE.- One hundred world leaders from countries representing 85% of the planet’s forests are committed to “stopping and reversing deforestation and land degradation” by 2030, the British Government reported during the COP26 climate conference in Glasgow. .
That promise, signed by Colombia, Indonesia, Norway, Australia, Brazil, China, Costa Rica, the European Union, Ecuador, Honduras, Guatemala, Peru, Russia, Turkey, Uruguay, the United States or the United Kingdom, is accompanied by financing in the present decade to stop the regression of the forest masses.
Specific, acquired the obligation to disburse 12,000 million dollars of public investment (about 10.340 million euros), to which will be added 7.200 million dollars of private investment (about 6.200 million euros) by 2030.
That private investment figure includes $ 3 billion (about 2,585 million euros) committed through the Innovative Finance for the Amazon, the Cerrado and the Chaco (IFACC) initiative to accelerate soybean production and deforestation-free livestock in Latin America.
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Added to this are $ 1.1 billion (about € 948 million) raised by the Natural Capital Investment Alliance to scale investment in nature-based solutions and the bioeconomy, according to the announcement.
The signatory states, spanning from northern Canada to the Democratic Republic of the Congo, add an area of 33.6 million square kilometers of forests, which are “the lungs of the planet” but disappear at a rate of 27 football fields per minute, the British Government said in a statement.
In addition, the heads of 30 large financial institutions, including Schroders, Axa, East Capital Group or NEI Investment, also undertake “to eliminate investment in activities related to deforestation.”
“Never before have so many leaders, from all regions, representing all types of forests, joined forces in this way and Colombia is committed to doing its part. We will establish into law a commitment to zero net deforestation by 2030 ”, declared the president of Colombia, Iván Duque, according to an advance of his speech advanced by the British Government.
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Duque also commits to protect 30% of land and ocean resources by 2030.
“Now we must all work in partnership with companies, the financial sector, small farmers, indigenous peoples and local communities to create the conditions to (…) grow and prosper,” added the Colombian president.
The British prime minister, for his part, according to the speech distributed by Downing Street, describes the agreement to protect these “cathedrals of nature” as “historic”.
“Forests support communities, livelihoods and food supplies, and absorb the carbon we pump into the atmosphere. They are essential for our own survival ”, Johnson emphasizes.
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