Connect with us

Hi, what are you looking for?

Right Decision NowRight Decision Now

World News

Home countries of major rainforests agree to work together to save them

BRAZZAVILLE — Countries that are home to the world’s three major rainforests agreed on Saturday to cooperate to overcome deforestation and safeguard biodiversity but fell short of a concrete alliance to protect the vital carbon sinks.

The announcement came on the final day of the Congo Republic-hosted Three Basins summit, which brought together presidents, NGOs, technical experts, and finance sector officials to strengthen governance and preservation of the Amazon, the Congo basin, and forests in Southeast Asia.

The countries recognized the importance of cooperation and agreed to develop ways to protect the forests in a seven-point plan.

“We’ve realized that joining forces is an absolute necessity, and we’ve recognized that the initiative to unite the three basins is part of an inevitable dynamic,” said Republic of Congo environment minister Arlette Soudan Nonault.

There is an urgent need for action. The basins are home to two thirds of Earth’s biodiversity, but rapid destruction is releasing planet-warming carbon dioxide and imperilling global climate targets.

Deforestation increased 4% worldwide in 2022, according to an October report showing countries went further off track from pledges made at the 2021 U.N. climate talks to halt and reverse loss and degradation by 2030.

Over the three days of the summit in Brazzaville, experts and policymakers from countries with tropical forests discussed shared priorities ahead of the U.N. COP28 climate talks next month. They examined different funding mechanisms to help developing countries preserve their important ecosystems.

On the sidelines, Congo Republic signed a roadmap for a forest partnership with the European Union that aims by 2030 to increase the amount of its protected, restored or sustainably managed forests, create more forest-related jobs, and curb the rate of forest loss.

Environmental organizations said governments must go further than Saturday’s agreement.

“More efforts will be needed to enhance concrete collaboration between the three regions to foster real action to halt deforestation,” the World Wildlife Fund said in a statement. — Reuters

    You May Also Like

    Business

    The head of the International Monetary Fund has warned of increased risks to the stability of the financial system after weeks of banking sector...

    World News

    BEIJING — China landed an uncrewed spacecraft on the far side of the moon on Sunday, overcoming a key hurdle in its landmark mission...

    World News

    LONDON — Talks aimed at reaching a global agreement on how to better fight pandemics will be concluded by 2025 or earlier if possible,...

    World News

    SINGAPORE — Ukrainian President Volodmyr Zelensky’s unscheduled appearance at Asia’s biggest security conference dominated proceedings on Sunday after China’s defense chief slammed “separatists” in...

    Disclaimer: rightdecisionnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 rightdecisionnow.com | All Rights Reserved