UK gives £3bn of climate finance to nature & biodiversity: Prime Minister Boris Johnson has made a promise to invest as much as £3 billion of international climate finance on nature and biodiversity covering the next 5 years. Programmes assisted by the funding will contain the flagship Blue Planet Fund for marine conversation, plans to…Read More
The new package will finance ten community forests in various regions, including Yorkshire, Manchester and Bristol
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Wood pellets burned linked to forest degradation : Wood pellet use by Drax Plc in Yorkshire, together with bioenergy demand from other countries in Europe, is driving intensive clearcutting in protected forests in Estonia and Latvia, a new report reveals. Hidden inside a wood pellet: intensive logging impacts in Estonian and Latvian forests, published by…Read More
US wildfire smoke set to reach Europe this weekend: The severe wildfires smoke from the US is set to reach Europe this weekend. A new report by the EU climate monitoring service Copernicus Atmosphere Monitoring Service (CAMS) has found, which suggests the California and Oregon fires have already emitted ‘far more carbon’ in 2020 than…Read More
Investors and planters matched to beat deforestation: A new application has been launched which pairs investors with funds to spend to people who can plant trees to combat deforestation. Developed by the World Resources Institute (WRI), the platform and mobile app has been named ‘TerraMatch’. At first, all project and funding proposals will be investigated…Read More
UK invests in Colombian tropical rainforests: Business Secretary Alok Sharma has launched a funding pledge consisting of a £64 million package to support tropical rainforests in Colombia. Part of a larger £173 million package of grants of UK aid to Colombia and will be used to help tackle deforestation. Alok Sharma, COP26 President said: “We…Read More