Forests for Climate: Scaling up Forest Conservation to Reach Net Zero

Report an error

Summary

AI-generated

This summary is written by a language model reading the source document. It is not the publisher's words and is not a substitute for the original.

Learn more about AI enrichment

The report advocates for a shift from project-based to jurisdictional REDD+ frameworks to halt deforestation by 2030. It emphasizes that protecting standing forests is more cost-effective than reforestation and requires significant private sector investment, estimated between $100 billion and $390 billion annually by mid-century. The document highlights the critical role of Indigenous peoples in forest stewardship and provides case studies from Brazil, Ghana, Ecuador, and Viet Nam to demonstrate the viability of jurisdictional models.

Key insights

AI-generated

These insights are written by a language model reading the source document. They are not the publisher's words and are not a substitute for the original.

Learn more about AI enrichment
  • Halting deforestation by 2030 is essential to limiting global warming to 1.5°C, with natural climate solutions potentially providing one-third of the required mitigation.
  • Protecting existing forests is significantly more efficient for carbon abatement than planting new trees; avoided deforestation can offer up to nine times the low-cost carbon abatement of reforestation.
  • Tropical forests are the most critical land-based ecosystem for climate stability, storing approximately one-quarter of all land-based carbon globally.
  • There is a massive funding gap for forest conservation; while $100 billion to $390 billion per year will be needed by mid-century, public finance for REDD+ activities was only approximately $3 billion per year between 2008 and 2015.
  • Jurisdictional REDD+ is proposed as a superior alternative to project-based approaches because it operates at a larger scale, is backed by government authority to enforce land use, and better manages risks like leakage and additionality.
  • The private sector can contribute to reversing deforestation through three primary channels: eliminating deforestation in supply chains, engaging in carbon trading and offsets, and investing in nature-positive development.
  • Indigenous peoples are highly effective forest guardians; deforestation rates on land governed by Indigenous communities are three to four times lower than on equivalent lands not held by them.
  • The LEAF Coalition, a public-private partnership, has mobilized over $1 billion in forward-purchase agreements for jurisdictional REDD+ carbon credits to incentivize tropical forest nations.

Cite the original document

APA
World Economic Forum (2022). Forests for Climate: Scaling up Forest Conservation to Reach Net Zero. https://www3.weforum.org/docs/WEF_Forests_for_Climate_2022.pdf
Chicago
World Economic Forum. Forests for Climate: Scaling up Forest Conservation to Reach Net Zero. 2022. https://www3.weforum.org/docs/WEF_Forests_for_Climate_2022.pdf.
Wikipedia
{{cite report |author=World Economic Forum |title=Forests for Climate: Scaling up Forest Conservation to Reach Net Zero |date=September 2022 |url=https://www3.weforum.org/docs/WEF_Forests_for_Climate_2022.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{worldeconomicforum2022forests, author = {{World Economic Forum}}, title = {{Forests for Climate: Scaling up Forest Conservation to Reach Net Zero}}, institution = {World Economic Forum}, year = {2022}, month = sep, url = {https://www3.weforum.org/docs/WEF_Forests_for_Climate_2022.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

Full text

Collected · Record updated