CGD in the News

Sputtering Corporate Effort To Save Forests Highlights A Big Issue For Paris Talks (Inside Climate News)

November 26, 2015

From the article: As global leaders begin hashing out a global warming accord in Paris beginning next week, their efforts to tackle the enormous issue of deforestation was supposed to be boosted by a heralded, business-led effort to protect the world's tropical forests and combat climate change. But that program has so far failed to deliver progress and its sluggishness serves to highlight how complex the issue is, and how many barriers stand in the way.

The New York Declaration on Forests was supposed to help halve forest loss by 2020, but an initial assessment published last week by the Amsterdam-based consulting company Climate Focus along with a group of non-governmental organizations said deforestation has not slowed in the countries that signed the pact. Also, very few of the world's leading companies whose practices drive deforestation have changed their policies to begin to tackle the issue, according to a separate report published last week by the Global Canopy Programme.

Read full article here.