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Home THE INSIDER

World community allocates $ 12 billion to fight to preserve forests

by novichoktimes
November 2, 2021
in THE INSIDER
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The world community will allocate more than $ 12 billion to fight for forest conservation. About it stated British Prime Minister Boris Johnson speaking at the Glasgow Climate Summit.

“I am delighted to announce at this summit that the nations of the world are working together to commit at least $ 1.5 billion over the next five years to help protect Central Africa’s forests and valuable ecosystems. And that’s just part of a new global financial commitment of more than $ 12 billion, the largest collective commitment to public funds for forests and climate action in history, ”Johnson said.

Preserving forests is key to achieving the goal of keeping the temperature rise at 1.5 degrees Celsius, he said.

“We cannot cope with the devastating loss of habitat and species without addressing climate change,” Johnson said.

As a reminder, Glasgow is hosting the 26th Conference of the Parties to the UN Framework Convention on Climate Change. More than 100 heads of state and government will take part in it. It is expected that the conference participants will take on tougher commitments to combat global warming. G20 Summit did not live up to expectations leaders of the countries participating in the group.

As a result of the negotiations, the representatives of the G20 agreed to achieve “global carbon neutrality” by the middle of the 21st century and to end state financing of coal energy abroad. At the same time, “the middle of the XXI century” is not indicated by a date in the document, and the goals for the abandonment of carbon energy within the countries are not described in any way.

Basically, the communiqué of the group’s leaders echoes the 2015 Paris Climate Agreement.



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