U.S., Britain, Norway Announce Coalition to Protect Tropical Forests
On the first day of President Biden’s Global Climate Summit, the United States, Britain, and Norway announced that they are teaming up with the world’s most influential companies to incentivize nations to protect tropical forests by mobilizing at least $1 billion this year for large-scale projects.
Why This Matters: Tropical forests are one of the world’s largest carbon sinks and one of the most quickly deteriorating.
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