Amazon and Nestle join public-private plan to save world's forests
Amazon and Nestle join public-private plan to save world's forests. ... With applications due by July 2021 and the aim of signing contracts before the end of the year, payments would be based on emissions reductions linked to reducing levels of deforestation or degradation, or by restoring forests, between 2022 and 2026.
Thank You Amazon & Nestle, US, Norway & Britain 🍃
This is a very good start ~
https://www.google.com/amp/s/mobile.reuters.com/article/amp/idUSKBN2C921I
The United States, Norway and Britain joined forces with companies including Amazon and Nestle on Thursday to launch a project aimed at protecting the world's tropical forests.
Announcing the Lowering Emissions by Accelerating Forest finance (LEAF) Coalition at the U.S.-convened Leaders Summit on climate, the public-private project aims to raise at least $1 billion in initial financing, it said.
Governments and companies taking part will pay countries with tropical and subtropical forests for emissions reductions, a move it hopes will help reduce and eventually end deforestation.
SNIP
"
The LEAF coalition is a groundbreaking example of the scale and type of collaboration that is needed to fight the climate crisis and achieve net-zero emissions globally by 2050," said U.S. Special Presidential Envoy for Climate John Kerry.
"Bringing together government and private-sector resources is a necessary step in supporting the large-scale efforts that must be mobilized to halt deforestation and begin to restore tropical and subtropical forests."
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Will be interesting to see which other Corps join this call.. it begins today, Earth Day 2021.
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