UNEP Report Spotlights Enormous Economic and Human Benefits from Boosting Funding for Forests

Investing an additional US$40 billion (0.034 Percent of Global GDP) a year in the forestry sector could halve deforestation rates by 2030, increase rates of tree planting by around 140 per cent by 2050, and catalyze the creation of millions of new jobs according to a report by the UN Environment Programme (UNEP). Backed by the right kinds of enabling policies, such an investment – equivalent to about two-thirds more than what is spent on the sector today – could also sequester or remove an extra 28 per cent of carbon from the atmosphere, thus playing a key role in combating climate change.
Forests in a Green Economy: A Synthesis was unveiled during this year’s World Environment Day (WED) celebrations. The theme, Forests: Nature at Your Service, underscores the multitude of benefits that forests provide to humanity. http://tinyurl.com/6x83hzq