EU financing for REDD+
"The EU's approach to REDD+ builds on its Forest Law Enforcement, Governance and Trade (FLEGT) Action Plan as well as international initiatives such as the REDD+ Partnership, the Forest Carbon Partnership Facility (FCPF) the EU REDD Facility, and the UN-REDD programme.
The European Commission commits approximately €25 million a year to initiatives piloting REDD+ in Asia, Africa and Latin America. The Commission is investigating ways to stimulate private sector investment in addressing the drivers of deforestation and further increase the effectiveness and efficiency of REDD+ financing."
In November 2013, the U.S., Norway, and the U.K. launched a public-private partnership to support forests in developing countries, with the goal of reducing emissions from deforestation and promoting sustainable agriculture. The initiative has identified its first four priority countries and begun initial work.
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Here is the cited partnership:
The BioCarbon Fund Initiative for Sustainable Forest Landscapes
Excerpt from China’s INDC
(…) China has nationally determined its actions by 2030 as follows:
4. To increase the forest stock volume by around 4.5 billion cubic meters on the 2005 level.
Comments on action 4
“Increasing forest carbon stocks by 4.5 billion cubic meters implies an increase in forest cover of 50-100 million hectares (124-247 million acres) of forest, or about two to four times the size of the United Kingdom. This amount of forest would create a roughly 1-gigaton carbon sink, equivalent to stopping tropical deforestation for almost a full year, or taking 770 million cars off the road.”
“China increased its tree cover by 49 million hectares (121 million acres) over 20 years, from 1990 to 2010.”
A playful tweet by UNEP on 2015-08-07, presenting the August-September Newsletter. One could say it refers to the connection between the acronym REDD and the red prigments that are formed in some leaves in autumn. Reference
Read: #REDD+ update - new @unredd partner countries & reducing emissions from deforestation:
Suggested alternative link: Newsletter archive - August-September issue 2015