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- COP30 makes $1.8 billion commitment to forest communities
COP30 makes $1.8 billion commitment to forest communities
(Source: TFFF)
From the newsletter
Conservation partners have pledged $1.8 billion under the Forest and Land Tenure pledge and committed to legally recognise 160 million hectares of community forest land by 2030. The goal of this COP 30 commitment is to support Indigenous and community forest tenure rights and ensure conservation finance flows directly to communities.
Africa has seen such pledges before. Of the $1.7 billion COP26 Forest Tenure Pledge, just about 10% reached Indigenous and community-led organisations in 2023.
When the new COP30 finance commitments begin to flow, communities lacking formal land rights could again be left behind if funding delivery is not clearly defined.
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