A new Forests, People, Climate collaborative aims to mobilize significantly increased philanthropic funding to end and reverse deforestation while delivering just, sustainable development.
Climate & Forests 2030 is a set of resources for funders interested in helping realize the potential of forests to mitigate climate change, benefit people, and protect nature. The materials include funding priorities and information on what’s needed to meet them.
A brilliant scientist, business leader and philanthropist, Gordon co-founded and led two pioneering technology enterprises, Fairchild Semiconductor and Intel, and, with his wife, Betty, created one of the largest private grantmaking foundations in the U.S., the Gordon and Betty Moore Foundation.
Afforestation, reforestation and other practices that restore trees to landscapes offer relatively low-cost carbon removal opportunities that are ready to implement. But these practices must be done in socially and environmentally responsible ways with project oversight and policy safeguards.
Peatlands hold a disproportionate share of the world’s soil carbon stocks, but commercial interests are turning these environmental assets into long-term sources of emissions by draining soil and degrading ecosystems. Restoring natural water flow and saturating peatland through a process commonly referred to as “rewetting” can reduce greenhouse gas emissions, slow subsidence and reduce the risk of wildfire.
According to a new research synthesis by the Economist Intelligence Unit (EIU) and ClimateWorks Foundation, investments are urgently needed to rapidly develop and scale up the carbon dioxide (CO₂) removal solutions critical to reaching net zero emissions globally by 2050. The findings were released in a new online hub, “Investing in Carbon Removal: Demystifying Existing Approaches” available at carbonremoval.economist.com
In advance of the IPCC report, scientists highlight five often overlooked reasons why limiting global warming requires protecting and sustainably managing the forests we have, and restoring the forests we’ve lost.
In support of accelerating climate ambition, eighteen foundations signed a joint statement affirming their commitment to supporting the critical role forests and sustainable land use, and indigenous guardianship of these places, play in the fight against climate change.