Announcing the Lowering Emissions by Accelerating Forest finance Coalition at the US-convened Leaders Summit on climate, the public-private project aims to raise at least $1 billion in initial financing, it said.
The pace of deforestation actually picked up in 2020, LEAF said, with data from Global Forest Watch showing a 12 percent increase from the prior year or more than 10 million hectares of primary tropical forest, roughly the size of Switzerland. Countries looking to take part in the program will need to have the reduction in deforestation-linked emissions verified by a new, more rigorous standard assessed at the national level by an independent third party, the coalition said in a statement.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon plans to raise wages for 500,000 workersAmazon has announced that it will raise wages for more than 500,000 workers — but it's not planning to increase its $15 per hour minimum wage.
Source: CNN Philippines - 🏆 13. / 63 Read more »
Elizabeth Warren: US taxes are rigged in favor of Amazon, Netflix and other big companiesSenator Elizabeth Warren is making her case for why America's tax system is rigged by calling out Amazon, Netflix and other companies that pay little or nothing in federal income taxes.
Source: CNN Philippines - 🏆 13. / 63 Read more »
4-year-old hacks mom's Amazon Prime account and orders 51 boxes of SpongeBob SquarePants popsiclesFour-year-old Noah Ruiz loves two things: Popsicles and SpongeBob. And when he discovered both objects of his passion had been combined into one fruity and delicious icy treat, he did the only sensible thing: he ordered them.
Source: CNN Philippines - 🏆 13. / 63 Read more »
What you need to know about the PH national ID and how to registerThe national ID can help save time when doing public and private transactions. Read more of the details HERE: How safe is this that my private information is assured to be protected? what all those rewuirements we have to bring to have national i.d
Source: gmanetwork - 🏆 12. / 63 Read more »