The Energy Transitions Commission (ETC) has published a report revealing that ending deforestation by 2030 would cost at least USD130bn per year. The report, which is a supplementary report to “Financing the Transition: How to make the money flow for a net zero economy”, explores the financial challenges of preventing deforestation and highlights the importance of addressing the main drivers of deforestation. The ETC is a global coalition committed to achieving net zero emissions by 2050 in line with the Paris climate goal of limiting global warming to ideally 1.5°C.

Source: carboncredit.com