The first major deal of COP26.
More than 100 global leaders late on Monday ( November 1,2021) have reached an unprecedented agreement and pledged to halt and reverse deforestation and land degradation by the end of the decade ( by the end of 2030), underpinned by $19 billion in public and private funds to invest in protecting and restoring forests.
This is set to be the biggest global measure ever taken to preserve the world’s forests.
The Glasgow Leaders’ Declaration on Forest and Land Use will cover forests totalling more than 13 million square miles.
FUNDING
- The pledge is supported by nearly €16.5 billion of public (€10.3bn) and private (€6.24bn) money.
- 12 countries including the UK have pledged to provide $12 billion of public funding between 2021 — 2025 to help developing countries, including in efforts to restore degraded land and tackle wildfires.
- More than 30 private sector investors with more than $8.7 trillion in assets also pledged to stop investing in activities linked to deforestation by 2025.
- 5 countries, including the UK and United States, and a group of global charities also pledged to provide $1.7 billion in financing to support support activities in developing countries particularly to help restore degraded land, indigenous people’s conservation of forests and to strengthen their land rights.
announcements. , President of the European Comission, has just promised $1 billion to the Glasgow Forest Pledge financing initiative. The money will go to efforts to halt deforestation and restore forests all over the world, including the Congo Basin.
UN Climate Change Conference UK 2021
02.11.2021
GLASGOW LEADERS’ DECLARATION ON FORESTS AND LAND USE
We, the leaders of the countries identified below:
Emphasise the critical and interdependent roles of forests of all types, biodiversity and sustainable land use in enabling the world to meet its sustainable development goals; to help achieve a balance between anthropogenic greenhouse gas emissions and removal by sinks; to adapt to climate change; and to maintain other ecosystem services.
Reaffirm our respective commitments, collective and individual, to the UN Framework Convention on Climate Change and the Paris Agreement, the Convention on Biological Diversity, the UN Convention to Combat Desertification, the Sustainable Development Goals; and other relevant initiatives
Reaffirm our respective commitments to sustainable land use, and to the conservation, protection, sustainable management and restoration of forests, and other terrestrial ecosystems.
Recognise that to meet our land use, climate, biodiversity and sustainable development goals, both globally and nationally, will require transformative further action in the interconnected areas of sustainable production and consumption; infrastructure development; trade; finance and investment; and support for smallholders, Indigenous Peoples, and local communities, who depend on forests for their livelihoods and have a key role in their stewardship.
Highlight the areas of strong progress in recent years and the opportunities before us to accelerate action.
We therefore commit to working collectively to halt and reverse forest loss and land degradation by 2030 while delivering sustainable development and promoting an inclusive rural transformation.
We will strengthen our shared efforts to:
- Conserve forests and other terrestrial ecosystems and accelerate their restoration;
- Facilitate trade and development policies, internationally and domestically, that promote sustainable development, and sustainable commodity production and consumption, that work to countries’ mutual benefit, and that do not drive deforestation and land degradation;
- Reduce vulnerability, build resilience and enhance rural livelihoods, including through empowering communities, the development of profitable, sustainable agriculture, and recognition of the multiple values of forests, while recognising the rights of Indigenous Peoples, as well as local communities, in accordance with relevant national legislation and international instruments, as appropriate;
- Implement and, if necessary, redesign agricultural policies and programmes to incentivise sustainable agriculture, promote food security, and benefit the environment;
- Reaffirm international financial commitments and significantly increase finance and investment from a wide variety of public and private sources, while also improving its effectiveness and accessibility, to enable sustainable agriculture, sustainable forest management, forest conservation and restoration, and support for Indigenous Peoples and local communities;
- Facilitate the alignment of financial flows with international goals to reverse forest loss and degradation, while ensuring robust policies and systems are in place to accelerate the transition to an economy that is resilient and advances forest, sustainable land use, biodiversity and climate goals.
We urge all leaders to join forces in a sustainable land use transition. This is essential to meeting the Paris Agreement goals, including reducing vulnerability to the impacts of climate change and holding the increase in the global average temperature to well below 2°C and pursuing efforts to limit it to 1.5°C, noting that the science shows further acceleration of efforts is needed if we are to collectively keep 1.5°C within reach. Together we can succeed in fighting climate change, delivering resilient and inclusive growth, and halting and reversing forest loss and land degradation.
1 Albania
2 Andorra
3 Angola
4 Armenia
5 Australia
6 Austria
7 Belgium
8 Belize
9 Bhutan
10 Bolivia
11 Bosnia and Herzegovina
12 Botswana
13 Brazil
14 Bulgaria
15 Cameroon
16 Canada
17 Chile
18 China
19 Colombia
20 Costa Rica
21 Cote D’Ivoire
22 Cyprus
23 Denmark
24 Dominican Republic
25 Democratic Republic of the Congo
26 European Commission on behalf of the European Union
27 Ecuador
28 Estonia
29 Fiji
30 Finland
31 France
32 Gabon
33 Germany
34 Ghana
35 Greece
36 Grenada
37 Guatemala
38 Guinea Bissau
39 Guyana
40 Honduras
41 Iceland
42 Indonesia
43 Ireland
44 Israel
45 Italy
46 Japan
47 Kazakhstan
48 Kenya
49 Kyrgyzstan
50 Latvia
51 Liberia
52 Liechtenstein
53 Lithuania
54 Luxembourg
55 Madagascar
56 Malawi
57 Mali
58 Malta
59 Mauritius
60 Monaco
61 Mongolia
62 Montenegro
63 Morocco
64 Mozambique
65 Nepal
66 Netherlands
67 New Zealand
68 Niger
69 Nigeria
70 North Macedonia
71 Norway
72 Pakistan
73 Panama
74 Papua New Guinea
75 Peru
76 Poland
77 Portugal
78 Republic of Congo
79 Romania
80 Russia
81 Saint Lucia
82 Samoa
83 San Marino
84 Seychelles
85 Sierra Leone
86 Slovakia
87 Slovenia
88 South Korea
89 Spain
90 Sri Lanka
91 Suriname
92 Sweden
93 Switzerland
94 Tanzania
95 Togo
96 Turkey
97 United Arab Emirates
98 Ukraine
99 Uruguay
100 United Kingdom
101 USA
102 Vanuatu
103 Vietnam
104 Zambia
105 Zimbabwe
1st November 2021 (19.00)
Source: website UN Climate Change Conference UK 2021, 2 November 2021
Last Updated on 02.11.2021 by iskova