More than 30 of the world’s largest companies will commit to ending investments in deforestation-related activities.
And a 1. 1.1 billion fund will be set up to protect the world’s second-largest tropical forest – in the Congo Basin.
Climate change is one of the most pressing problems in the world.
Governments need to promise more ambitious cuts in gas heating if we are to prevent a further rise in global temperature.
The Glasgow Summit is where change can take place.
You need to look at the promises made by the world’s biggest polluters, like the US and China, and whether the poorest countries are getting the support they need.
Our whole life will change.
The decisions made here can affect our affairs, the way we heat our homes, what we eat, and how we travel.
Tuntiak Katan, coordinator of the Amazon Basin Indigenous Communities Coordination, welcomed the deal by telling BBC News that indigenous communities are on the front line of banning deforestation.
Mr Katan, an Ecuadorian native, said indigenous communities globally protect 80% of the world’s biodiversity but face threats and violence: “For years we have protected our way of life and this has protected ecosystems and forests,” he said. ai from COP26.
More than 100 countries will pledge to stop deforestation, including Canada, Brazil, Russia and Indonesia.
Indonesia is the world’s largest exporter of palm oil, a product found in everything from shampoo to biscuits. Production is fueling the destruction of trees and the loss of territory to indigenous peoples.
Russia’s vast natural forests, with more than one-fifth of the planet’s trees, capture more than 1.5 billion tons of carbon a year.
In the largest rainforest on the planet, in the Amazon, deforestation accelerated to a 12-year high in 2020 under President Jair Bolsonaro.
“Signing the agreement from Brazil is really important because the country has most of the tropical forests. “But the money has to be channeled to people who can do it on the ground,” explains Ana Yang at Chatham House.
Many people living in the Amazon, including urban areas, depend on the forest for their livelihood and need support to find new income, she suggests.
Trees are one of our main defenses in a warming world. They absorb carbon dioxide from the atmosphere, acting as so-called carbon divers. They absorb about 1/3 of the global CO2 emitted each year.
Currently a forest area the size of 27 football fields is lost every minute.
And if it becomes depleted, a forest could also start emitting CO2. If too many trees are cut down, scientists are worried that the planet will reach a turning point that will cause sudden and unpredictable climate change.