Forestfinance

REDD-plus finance has received a lot of attention over the last years.  This Brief describes the funding initiatives in support of this major international mitigation strategy and raises some ongoing challenges for the equitable delivery of climate finance.

Climate change is one of today’s most pressing threats to achieving sustainable development goals around the world. Countries must transform their economies and angle their growth with policies and actions across multiple sectors that lower greenhouse gas emissions, reduce vulnerability to climat

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.

Time is running out for key decisions on the financing of projects that reduce emissions from deforestation and forest degradation (REDD), said Abyd Karmali, global head of carbon emissions at Bank of America Merrill Lynch.

(Reuters) - Rich nations are on track to deliver on their promise to supply $30 billion in short-term climate financing by the end of next year to help poor countries tackle global warming.