To Meet Pledges to Save Forests, Spending Must Triple, U.N. Report Says

A recent United Nations report has revealed that four years after a global commitment was made to halt deforestation, the current level of funding allocated to preserving and restoring forests falls woefully short of what is needed. According to the analysis, the amount of money being spent on conserving and restoring forests is not sufficient to meet the ambitious targets set by governments and international organizations.

The report emphasizes that a significant increase in funding is required to make a meaningful impact in the fight against deforestation. Specifically, it suggests that spending on forest conservation and restoration efforts must nearly triple to effectively address the pressing issue. This substantial boost in funding is necessary to support sustainable forest management, protect biodiversity, and promote ecosystem services.

The findings of the report are particularly concerning given the critical role that forests play in regulating the climate, providing habitat for countless species, and supporting the livelihoods of millions of people worldwide. The authors of the report stress that urgent action is needed to bridge the funding gap and ensure that the global pledge to end deforestation is met. By doing so, governments and stakeholders can help safeguard the world’s forests and the numerous benefits they provide.