G20 environment ministers back funding for forest conservation – Times of India

G20 environment ministers back funding for forest conservation – Times of India

SAO PAULO: Environment ministers of the Group of 20 nations agreed Thursday to support the creation of funding sources for ecosystem services, acknowledging Brazil‘s proposal to establish a trust fund for forest conservation.The Brazilian initiative, known as the Tropical Forests Forever Facility, would reward tropical forest countries for protecting critical biomes.Unlike the Amazon Fund, which…

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