Recognizing that forest loss contributes approximately 17% of emissions of greenhouse gases each year;
Recognizing that emissions from the forest sector are the third largest after energy and transport;
Recognizing that no strategy to avoid dangerous anthropogenic climate change would be credible without a strategy to reduce emissions from deforestation and forest degradation (REDD);
Recognizing that it is an objective of the UNFCCC to create a mechanism that can finance the establishment of a baseline of emissions from forest loss and degradation in developing countries; and against that baseline to reduce, stabilize and ultimately reverse those emissions through funded projects of reforestation, afforestation, and sustainable forest management;
Recognizing that in accordance with the principle of common but differentiated responsibilities developed countries have promised to deliver 100 billion dollars towards climate assistance to developing countries each year from 2020; And whilst welcoming the progress made in the Cancun Agreements and the Durban Platform, we believe that an agreement in 2015 will reflect national legislation that exists, at least as much as it will define future legislation.
We, GLOBE legislators from developed and developing countries at the GLOBE Climate Legislation Summit in London, therefore commit ourselves to:
- promote a proper understanding of REDD+ in our national legislatures,
- emphasize the importance of REDD+ in the context of climate mitigation and adaptation,
- to advance legislation, budgetary and other supportive measures to deliver: reduced emissions from deforestation and forest degradation, forest conservation, sustainable forest management and enhanced carbon stocks,
- promote REDD+ mechanisms as alternatives to get access to carbon markets and to provide development options for rural and indigenous communities,
- and, promote harmonization between agriculture legislation and environmental and forest legislation.