Brazil is set to be among the signatories today (Tuesday), where miles of the Amazon rainforest has been cleared out.
Experts welcomed the move and urged all stakeholders to deliver on their commitments – warning that a previous deal in 2014 had “massively failed to slow the rate of deforestation”.
It merits mentioning that the pledge includes almost $19.2bn of private and public funds.
The UN Secretary-General António Guterres and UK’s Prime Minister Boris Johnson were on stage to greet world leaders upon their arrival.
According to media reports, more than 30 of the world’s major companies have committed to ending investment in activities related to deforestation.
The goal is to keep global warming under 1.5C by 2100. We, currently, are on track for 2.7C – which the UN said would result in “climate catastrophe”.
Moreover, a £1.1bn fund will be set up to protect the Congo Basin – the world’s second-largest tropical rainforest.
UK’s Boris Johnson, the host of the global meeting in Glasgow, will term Tuesday’s deal a “landmark agreement to restore and protect the Earth’s forests”.
The countries that have committed to sign the pledge include Brazil, Canada, China, Russia, the Democratic Republic of the Congo, Indonesia, the US, and the UK. These countries cover around 85% of the world’s forests. It must be remembered that falling trees contribute to climate change as it depletes forests that take in vast amounts of CO2.
Prince Charles, in an urgent call for action at the climate change summit, said that time had “quite literally run out.”
He said the Covid-19 pandemic had “revealed just how devastating a cross-border threat can be.”
The Queen urged world leaders to “achieve true statesmanship” and enable a “safer, stabler future” for the globe.
Louise Delos Reyes is officially engaged! The actress-turned-pastry chef said "yes" to her longtime boyfriend, Jino Brion during a dreamy… Read More
Ukrainian President Volodymyr Zelenskiy said that membership of Ukraine in NATO is "achievable" goal but this will require persistent effort… Read More
Ethiopian Prime Minister Dr. Abiy Ahmed recently inaugurated a state-of-the-art orphanage in Oromia. This orphanage is built with the support… Read More
The airport in the Russian city of Kazan reopened on Saturday. This airport reopened on Saturday after a temporary closure… Read More
England's 1966 World Cup Winner, George Eastham has passed on aged 88 years. Blackpool-born forward, who played 19 times for… Read More
As we are at the end of December 2024 and ready to start a new year 2025, this time the… Read More
This website uses cookies.
Read More