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03-11-2021, 12:47 PM
Experts warn new promise could fail unless backed by more funding, strict rules.
A new pledge by world leaders to halt deforestation by 2030 is likely to fail unless quickly backed by more funding, transparent monitoring and tough regulation of businesses, and financiers linked to forest destruction, environmentalists warn.
More than 100 global leaders late on Monday pledged to halt and reverse deforestation and land degradation by the end of the decade, underpinned by US$19 billion (S$26 billion) in public and private funds to invest in protecting and restoring forests.
The commitment-made at the COP26 climate talks in Glasgow - included countries such as Brazil, Indonesia and the Democratic Republic of Congo, which collectively account for the majority of the world's tropical forests....
Part of an article found in today's The New Paper
A new pledge by world leaders to halt deforestation by 2030 is likely to fail unless quickly backed by more funding, transparent monitoring and tough regulation of businesses, and financiers linked to forest destruction, environmentalists warn.
More than 100 global leaders late on Monday pledged to halt and reverse deforestation and land degradation by the end of the decade, underpinned by US$19 billion (S$26 billion) in public and private funds to invest in protecting and restoring forests.
The commitment-made at the COP26 climate talks in Glasgow - included countries such as Brazil, Indonesia and the Democratic Republic of Congo, which collectively account for the majority of the world's tropical forests....
Part of an article found in today's The New Paper
