Fed Up, Developing Countries Form New Alliance to Charge More For Rainforest Preservation

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Brazil, the DRC, and Indonesia launch an 'OPEC for rainforests' in effort to wrest more control over climate action

Fed Up, Developing Countries Form Alliance to Charge More For Rainforest Conservation

Bwangoy-Bankanza is hopeful that a new alliance between the DRC, Indonesia, and Brazil will change that. At the G20 summit in Bali on Nov. 14 the trio—collectively home to 52% of the world’s rainforests—announced that they will work together at international summits like COP27, the U.N. climate conference currently underway in Egypt, to secure “payments to reduce deforestation.”

 

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