Africa > France announces €100 mln for global forest protection mechanism

France announces €100 mln for global forest protection mechanism

Published 10:35 on March 3, 2023  /  Last updated at 11:00 on March 4, 2023  / Roy Manuell /  Africa, Biodiversity, EMEA, International, Nature-based, Voluntary

French President Emmanuel Macron has announced funding for a new forest protection scheme that will use scientific evidence to compensate countries via biodiversity certificates that are proven to have protected or restored their natural resources, aiming to resolve what he called an "absurd" current shortfall in funding to forest-rich nations offered by carbon crediting.
French President Emmanuel Macron has announced funding for a new forest protection scheme that will use scientific evidence to compensate countries via biodiversity certificates that are proven to have protected or restored their natural resources, aiming to resolve what he called an "absurd" current shortfall in funding to forest-rich nations offered by carbon crediting.


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