Experts and activists stress the need for a solid financing mechanism to keep the Amazon standing. Photo courtesy of the Rainforest Action Network
By Angela Dewan
The Amazon has long been called the lungs of the Earth. While that has become a known truth, it is also an understatement.
The Amazon is also a vast carbon sink, a depository of biodiversity and a natural water regulator. It is home to more than 20 million people, many of whom depend on the forest for a livelihood.
At an event on the Amazon, co-hosted by CIFOR, panellists agreed that going ahead with REDD+ was crucial for the Amazon’s longevity.
“We need to find a way to finance REDD+,” said Frances Seymour, CIFOR’s director general.
“That has been one of the most contentious issues since we started talking about REDD, and I suspect it will continue to be contentious.” (more…)
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