30 Sep '15, 5am

Norway pledges $47M/yr to help Congo countries save forests

Norway pledges $47M/yr to help Congo countries save forests

Norway and several European Nations, along with the United Nations and the World Bank, today committed to a new initiative that takes aim at the underlying causes of deforestation in Central African rainforest nations, including poverty and poor governance. And in an unprecedented step, Brazil will lend its expertise to effort. The program, called the Central African Forest Initiative (CAFI), comes under a broad push to slow greenhouse gas emissions by protecting forests, which in the Central African nations of the Democratic Republic of Congo (DRC), Gabon, Cameroon, Equatorial Guinea, the Central African Republic and the Republic of Congo store tens of billions of tons of carbon. Forests are expected to play a central role in discussions on a future climate framework at the upcoming U.N. Conference of the Parties in Paris (COP21). While tens of millions of dollars have al...

Full article: http://news.mongabay.com/2015/09/norway-pledges-47myr-to-...

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