Ireland has become the first country in the world to recognise forest carbon credits in its tax regime – paving the way for the issuance of forest bonds, according to a leading banker.
Forested countries need reassurance that “massive investment” in REDD+ will pay off
Developed countries must commit to long-term climate financing and encourage multiple funding pathways to reassure forested countries that their “massive investment” in REDD+ will pay off.
Forest Bonds: Realizing a Net Zero Deforestation, Forest-Friendly Economy
Heating and cooling, timber, water, food, habitat, energy, massive storehouses of carbon – forests provide an incredible amount of direct and indirect ecosystem services to humans, along with all other forms of life on earth. That’s especially true of tropical forests.
