RAINFOREST TRUST PLEDGES $ 500 MILLION TO GLOB
The world is facing a dual crisis of biodiversity loss and climate change . Seventy-five percent of the land and most of the oceans on Earth have been transformed by human impact ; a million species are threatened with extinction in this century and the recent pandemic that still rages across the world and is linked to wildlife trade has killed more than 5.2 million people .
In September , Rainforest Trust and eight other organizations formed the Protecting Our Planet Challenge to make a collective pledge of $ 5 billion to support the creation , expansion , strengthening and monitoring of protected areas by 2030 .
“ Halting and reversing biodiversity loss and climate change requires expanding protected and conserved areas , especially in tropical forests — this has been Rainforest Trust ’ s mission for over 30 years . Developing nations and Indigenous Peoples need financing to achieve this , which is why we are pledging to more than double our level of funding between now and 2030 and are urging other private and public funders to do the same .”
– Dr . James Deutsch , CEO , Rainforest Trust
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Our CEO , James Deutsch , pledged $ 500 million towards the creation or expansion of tropical protected areas during an event with the High Ambition Coalition for Nature and People during the United Nations General Assembly .
The founders of the Protecting Our Planet Challenge include : Arcadia Fund , Bezos Earth Fund , Bloomberg Foundation , Moore Foundation , Nia Tero , Re : Wild , Rob and Melani Walton Foundation and Wyss Foundation . It is the largest ever private funding commitment to biodiversity conservation .
Deutsch added , “ Developing nations are stepping up and committing to 30 percent protected by 2030 with
LEFT : JAMANXIM NATIONAL FOREST , PARA , BRAZIL BY PARALAXIS / SHUTTERSTOCK