Deforestation is responsible for nearly 15% of global CO₂ emissions. Every year, 10 million hectares of tropical forest are lost – if we do not halt this by 2030, it will be impossible to limit global warming to 1.5°C
Nature-based solutions, including forest conservation and restoration, can provide one-third of the mitigation needed to reach this climate target
Funding for nature-based solutions needs to triple from $133 billion per year today to $400 billion by 2030, to meet climate change and biodiversity targets, with scope for private finance to increase its share of just $18 billion per year, according to the UN
One approach that channels incentives to forest governments and communities to avoid deforestation across entire landscapes – known as “jurisdictional REDD+” – offers companies the opportunity to make significant contributions to preserving the world’s forests while ridding their own supply chains of deforestation