REDD-Monitor’s round-up of the week’s news on forests, the climate crisis, REDD, and natural climate solutions. For regular updates, follow @reddmonitor on Twitter.
At a meeting on 22 September 2019 in New York, Lee White, who was recently appointed Forestry Minister in Gabon, announced a new US$150 million REDD deal with the Central African Forest Initiative. The meeting marked the fifth anniversary of the New York Declaration on Forests. The money will come, surprise, surprise, from Norway.
A recent report by the Rainforest Foundation UK describes the potential scaling up of the International Finance Corporation’s Forest Bonds programme as “One of the most worrying evolutions of GCF activities in the Congo Basin”.