Mrs Beinisch, first of all, let me thank you for accepting this interview with DV8 World News. I am personally delighted to have you with us today. We are going to talk together...

Read more

Ecology: Are you in fashion? No longer a company without its environmental charter, no more a product without its eco-responsible promises, no more a speech coated with ecolo...

Read more

Eating plant-based is 6 times more effective for the environment than eating organic and local according to Carbone 4 , and it takes 4 times more land to feed a person with a hi...

Read more

Not a fan of Unabomber. “When the hares declared equal rights between animals, they wanted to ostracize the lions; they didn't answer, but they bared their teeth &r...

Read more

COP 26: a $ 1.5 billion fund to protect the Congo Basin.

$ 1.5 billion for the Congo Basin. | Posted on 2021-11-03 17:16

The 26th International Climate Conference (COP 26), which is currently being held in Glasgow, Scotland, is already delivering its first results, which began on Sunday October 31st. On Monday, November 1, several countries announced the establishment of a $ 1.5 billion Fund intended to protect the Congo River basin.

According to a statement from the British government which hosts the event, a total of 12 donors will finance this Fund between 2021 and 2025. Although details of other funding have not been revealed, London has already announced its commitment to the tune of $ 409 million, to protect an area that is home to " the second largest rainforest in the world [and] that is threatened by logging, mining and industrial agriculture ."

Spanning six countries (Cameroon, Central African Republic, DRC, Congo, Equatorial Guinea and Gabon), the Congo Basin is considered the second lung of the planet after the Amazon. According to the World Wild Fund, it has fed and provided shelter to 75 million people for more than 50,000 years.

While the Africa that hosts it is considered one of the first victims of global warming, its protection is increasingly attracting the attention of the scientific community and international leaders. On the occasion of COP 26, the Collective of Ministers of the Environment and researchers for the defense of the Congo Basin thus called for the mobilization of $ 150 million to implement a ten-year research program, intended to improve scientific data on this vital area for the planet.

Note that in the wake of the new Fund, a global agreement was announced to end deforestation by 2030. Signed by leaders whose countries account for 85% of the world's forest area, this project will require an investment of $ 19.2 billion. While many such commitments have been made in the past without being honored, observers remain skeptical about the ability of countries to honor the new promises made in Glasgow.

Sources:

- Ecofin

Posted on 2021-11-03 17:16

Wizardwords 7.0 Greenwashing is more than Brainwashing but so is Blackmail Someone once said: ”I believe that children are our future, teach them well and let them lead...

Read more

Michelle Thew is the CEO of Cruelty Free International – the leading organization working to end animal testing worldwide. For more than 20 years, Michelle has been an adv...

Read more

What is sustainable finance and how it is changing the world Investors no longer face a choice between profit and saving the planet. Sustainable finance is prio...

Read more

DV8 Chat

Find your friends on DV8 Chat.

Suggestion

Newsletter

Receive news directly to your email!