Thursday, December 18, 2008
Response to Article
Papua New Guinea paper reports UK Poznan pledge on rainforest funds
The United Kingdom will give 100m pounds to rainforest nations to reduce the impact of deforestation on the world's climate.
Rainforest countries such as Papua New Guinea and Brazil are expected to be the main recipients of the funding,
The funding will help ensure that economic growth in rainforest countries is sustainable and allow nations to develop and improve their infrastructure, without negative impacts on their local forest environment.
17 per cent of all greenhouse gas emissions are due to forestry and land use change and that its a major cause of emissions in developing countries.
lack of action on deforestation would enable the worst impacts of climate change to occur.
"Without action on deforestation avoiding the worst impacts of climate change will be next to impossible. I'm impressed by the commitment demonstrated - it shows that we can make real progress on protecting the world's forests and secure ambitious goals in Copenhagen next year."UK High Commissioner
UK funding aid to rainforest nations including PNG had been going on for some time
The 100m pounds funding will come from the UK Environmental Transformation Fund, which is an 800m pound fund run jointly by the UK departments for International Development (DFID) and Energy and Climate Change (DECC). It was set up to support developing countries facing the challenges of climate change. The funding will be channelled through the multi-donor Climate Investment Funds.