Forests Now Declaration (original) (raw)

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The Forests Now Declaration was a 2007 declaration that advocates using carbon credits to protect tropical forests. The Declaration was created by the Global Canopy Programme, and has been signed by over 200 NGOs, business leaders, scientists and conservationists. The Declaration was created as carbon credits from land use, land-use change and forestry were omitted from the Clean Development Mechanism for the First Commitment Period of the Kyoto Protocol despite contributing 18–25% of all emissions.[1][_clarification needed_]

Deforestation in the next five years[_when?_] will release more carbon dioxide than all aircraft since the Wright Brothers until at least 2025;[2] however, credits from reduced deforestation were omitted from the Clean Development Mechanism for the first commitment period of the Kyoto Protocol, so there is little incentive for forested countries to reduce their deforestation rates. The Forests NOW declaration seeks to establish new market based mechanisms to protect the ecosystem services that forests provide in biodiversity conservation, carbon sequestration and global and local hydrological and mineral cycles.[_citation needed_]

The Declaration prescribes six changes to the existing carbon market frameworks:

Over 200 individuals and organisations have signed the declaration including:[3]

  1. ^ Stern N. (2006). The Stern Review on the economics of Climate Change. Cambridge University Press.
  2. ^ [_dead link_]Forests First in the Fight Against Climate Change Archived 10 September 2008 at the Wayback Machine Global Canopy Programme, 2007
  3. ^ A full list of signatories
  4. ^ "News story – TFT endorses the Forests Now Declaration". Archived from the original on 23 November 2007. Retrieved 27 November 2007.