Global Leaders Call for Accelerated Forest Carbon Payments to Protect Forests and Achieve Climate Goals

Baku, 14 November 2024, COP29 – At COP29 in Baku, the FCLP convened a high-level event with Indigenous Peoples, business, and environmental leaders to highlight efforts to urgently scale up financing for forest protection and climate action through results-based payments and high integrity carbon markets. They called for greater private sector investment and highlighted that momentum is now building to bring finance for forest carbon to scale, to greatly increase impact.

The political statement underscoring their commitment to scaling up finance for forests was issued by 15 countries, which are: Republic of Costa Rica, Federal Democratic Republic of Ethiopia, Republic of Fiji, The French Republic, Republic of Ghana, Republic of Guyana, Republic of Kenya, Republic of Nigeria, Kingdom of Norway, Republic of Pakistan, Republic of Peru, Republic of Singapore, Socialist Republic of Vietnam, United Kingdom of Great Britain and Northern Ireland and The United States of America.

Please find below the FCLP Statement on Forest Carbon Results-Based Payments and Credits as well as the the press release.

FCLP Press Release 14 Nov 2024