‘Don’t fool yourself’: billions more needed to protect tropical forests, warns new report

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Money could come from carbon markets, donor countries and philanthropists, but radical action is also needed from legislators

The report estimates that eliminating the economic incentive to destroy forests for cattle ranching, agriculture and other uses would cost at least $130bn a year. The money could come from carbon markets, wealthy governments and philanthropists, but there must also be urgent actions such as a ban on clearing forests, developing businesses that rely on standing forests and reducing demand for commodities linked to deforestation, such as palm oil, soya, beef and cocoa.

“As long as the world consumes more red meat, there will be an incentive to deforest more areas of tropical rainforest. If we have that $130bn coming forward, it could make a material difference. But it would not put a total or permanent stop to it. The danger would be that it would come back in future years,” Turner said.

Cattle in Chaco province, Argentina … reducing demand for beef is a vital element in reversing deforestation.Land use change is the second largest source of human greenhouse gas emissions, with deforestation accounting for about 15% of the total. It is also a major driver of biodiversity loss and ecosystems degradation, and hasdespite scientific warnings that ecosystems such as the Amazon could soon collapse.

 

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don't fool yourself. The people that could do something about it dgaf.

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