Why is Deforestation the need of now?
Our forests and oceans are life's support system. Today, it's clearer than ever that there is no solution to climate change without a solution to tropical deforestation. Despite recent efforts, deforestation increased by 12% between 2019 and 2021. These sectors contribute 22 percent to global emissions, half of which come from deforestation driven by commodities providing food, fiber, feed and fuel.
Expert partners like the Accountability Framework initiative have highlighted that to reach net zero the majority of commodity-driven land clearance and deforestation must be halted by 2025. What's more, the forthcoming methodology from the Science Based Targets initiative, specifically for companies with a footprint in the forest, land and agriculture sector, can help guide target setting and strategy. The recently updated Race to Zero 'starting line' Criteria calls for members to pledge to halt deforestation and protect biodiversity, making their activities consistent with climate resilient development.
We need much more - all companies in the sector need to be committed to net-zero and tackling supply chain deforestation as a burning priority. Pledge to halt deforestation and protect biodiversity, making their activities consistent with climate resilient development. Pledge to make their finance and investments consistent with climate resilient development, including ending deforestation and conversion of other natural ecosystems, and respecting biodiversity.