Climate 411

Selected tag(s): Jurisdictional REDD

COP30 in Brazil Must Deliver for Nature and Forests – And the Stakes Have Never Been Higher

By Roselyn Fosuah Adjei  

Roselyn is a senior expert in REDD+, forest governance, and climate policy and a Distinguished Humphrey Fellow of the U.S State Department. She currently serves as a Senior Advisor to EDF’s Forests team. 

Waterfall in tropical rainforest

Photo: Leslie Von Pless/ EDF

Most of us working in nature conservation think of the quickly approaching COP30 in Belém, Brazil, as the “Nature COP.”

The last time that title was used was at COP26 in Glasgow — a post-pandemic gathering that re-energized climate action after a year of global lockdowns. Glasgow gave birth to the Lowering Emission’s by Accelerating Forest Finance (LEAF) Coalition’s first Letters of Intent with tropical forest countries, signaling unprecedented forest-finance momentum in the voluntary carbon market through an unusual blend of public and private finance. It also saw the launch of the Glasgow Leaders’ Declaration on Forests and Land Use, endorsed by over 140 countries pledging to halt and reverse forest loss by 2030, and the UK-led Forest, Agriculture and Commodity Trade (FACT) Dialogue, which charted a path toward deforestation-free commodity supply chains.  

But even with these gains, the world has been falling short in recognizing and financing nature’s role in sustaining a livable planet.  

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Posted in Carbon Markets, Climate Finance, Forest protection, Indigenous People, Paris Agreement, REDD+, United Nations / Also tagged , , , , , , , , | Authors: / Comments are closed

Ecuador Announces Milestone in Halting Tropical Deforestation

Inés María Manzano, Minister of Environment, Water, and Ecological Transition of Ecuador and Eron Bloomgarden, CEO Emergent (LEAF Coalition) at the official signing event in Ecuador, January 29,2025. Photo by Santiago Garcia, EDF.

By Santiago García Lloré, Senior Manager of IPLC and Conservation Partnerships at EDF.

Ecuador is one of nine countries in the Amazon rainforest. It is also known as one of the most biodiverse countries in the world — its unique ecological heritage includes the famous Galápagos Islands.

Following Costa Rica, Ghana, and the State of Para in Brazil, Ecuador signed an Emissions Reduction Purchase Agreement (ERPA) under the LEAF Coalition’s carbon finance framework to reduce 3 million tons of carbon emissions in exchange for $30M. (3 million tons of carbon emissions roughly equal the annual emissions of about 570,000 average passenger cars.)

The deal covers four Ecuadorian jurisdictions and is a shining example of deploying carbon finance that advances equitable participation from diverse groups. In Ecuador’s case, this process has resulted in the inclusion of Afro-Ecuadorian communities, who, like many other Indigenous communities in the region, have traditionally been marginalized. This showcases progress toward a more inclusive and representative model.

EDF has been privileged to support Ecuador in this journey over the past several years. Our efforts have focused on building the technical capacity, policy frameworks, and stakeholder engagement processes needed to bring this ambitious program to life. Here are a few things we’ve learned that are critical to ensuring integrity and bolstering climate ambition.

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Posted in Carbon Markets, Forest protection, Indigenous People, Latino partnerships, News, REDD+ / Also tagged , , , , | Authors: / Comments are closed