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event / Tue, 29 Aug, 2023
Unlocking sustainable investment in Nature-based Solutions (NBS) for Climate Action in Africa./events/unlocking-sustainable-investment-nature-based-solutions-nbs-climate-action-africa
Africa is home to 670 mha of forests and 40 mha of peatlands. Emissions from degraded peatlands in Africa are around 130 Mt CO2 e/yr while an estimated 0.5% of forest is lost every year. Without safeguarding these tremendous...
document / Thu, 10 Aug, 2023
Following the adoption of the Glasgow Climate Pact at the 26th Conference of the Parties (COP) of the UN Framework Convention on Climate Change (UNFCCC) in December, 2021, the momentum for forests continued to grow in 2022, giving the forest agenda an opportunity to move from an era of goodwill and readiness into a decade of scaled up action, results and finance. Building on the Glasgow Leaders’ Declaration on Forest and Land Use, announced at UNFCCC COP-26, the Forests and Climate Leaders’ Partnership was launched to drive delivery of the 2030 target to halt and reverse forest loss and land degradation by 2030. This momentum continued at the UNFCC COP-27 in Sharm El Sheik in November, 2022, where forests were profiled as exemplars of progress being made on the Paris Agreement, climate action and mobilizing finance. The role of Nature-based Solutions (NbS) and forests was reaffirmed in the Sharm el-Sheikh Implementation Plan, with forests increasingly recognized as a gateway to NbS. The need for adequate finance, capacity development and partnerships was highlighted as key enabling conditions to deliver forest solutions at scale. Read report for more information.