Britain recently launched £ 150 million of new funding to protect 2.1 million hectares (ha) of African, Asian and Latin American rainforests, creating thousands of green jobs in these areas and the fight against climate change, the British Underlines the government’s press release.
This new fund is being implemented as part of the UK Government’s Forest Finance Mobilization Program for businesses and other investors who support sustainable land management projects, specifically protecting forest areas and rural communities for climate change We do. The fund is expected to generate around £ 850 million in private investment I’m fine.
« Projects that can benefit include promoting transparent supply chains and implementing deforestation-free standards, helping 600,000 small farmers and food producers integrate forest protection into agricultural production. », Denotes press release.
Thus, the new jobs targeted the agriculture, food and technology sectors, which would be the major beneficiaries of the project. Investments should be made in environmentally friendly projects, so that there is sustainable production of nuts, coffee and crop diversification to protect the soil.
The project will eliminate around 28 million tonnes of carbon emissions from the atmosphere over the next 15 years and improve the quality of life of the approximately 600,000 people living in tropical forest areas. Note that this funding includes the UK’s commitment to international climate finance of £ 11.6 billion, of which £ 3 billion over the next five years to protect nature and forests.