20 Nov 2009:
Emergency Rainforest Fund
Created by Prince Charles and 35 Nations
Britain’s Prince Charles has struck an agreement with 35 nations to contribute $22 billion to $36 billion to reduce the destruction of tropical forests by 25 percent by 2015
. The Prince of Wales said the U.S. has agreed to contribute $275 million to the rainforest protection fund, which will pay countries such as Indonesia and Brazil to preserve forests rather than felling them for timber or agricultural use. Ed Miliband, the U.K.’s energy and climate change secretary, said a global mechanism for paying countries to protect tropical forests is on the agenda at next month’s Copenhagen climate summit and is “closer
than it’s ever been” to being codified in an international treaty. Deforestation is responsible for nearly 20 percent of global carbon emissions, and various
nations and conservation groups are working to develop programs known as REDD
— Reducing Emissions from Deforestation and Degradation. Conservationists said the Prince of Wales’ effort must ensure that the funds are not squandered through local corruption or questionable forest protection schemes. The conservationists cited the example of Norway’s pledging $250 million to slow deforestation in Guyana. Since the Guyanese government claimed an artificially high rate of previous deforestation, it can receive payments while actually doing little or nothing to slow current forest loss.
Yale Environment 360 is
a publication of the
Yale School of Forestry
& Environmental Studies
e360 on Facebook
Donate to e360
View mobile site
Subscribe to our newsletter
Subscribe to our feed:
Yale Environment 360
articles are now available in Spanish and Portuguese on Universia
, the online educational network. Visit the site.
Business & Innovation
Policy & Politics
Pollution & Health
Science & Technology
Antarctica and the Arctic
Central & South America
Photographer Peter Essick documents the swift changes wrought by global warming in Antarctica, Greenland, and other far-flung places. View the gallery.
is now available for mobile devices at e360.yale.edu/mobile
The Warriors of Qiugang
, a Yale Environment 360
video that chronicles the story of a Chinese village’s fight against a polluting chemical plant, was nominated for a 2011 Academy Award for Best Documentary (Short Subject).
Watch the video.
Top Image: aerial view of Iceland
. © Google & TerraMetrics.
In a Yale Environment 360
video, photographer Pete McBride documents how increasing water demands have transformed the Colorado River, the lifeblood of the arid Southwest. Watch the video.