This post is our second in a series on how companies can reduce deforestation from their supply chains. Read the first post here.
What do companies, governments, civil society organizations and indigenous peoples have in common? Despite their differences, they share a common interest in reducing deforestation, which accounts for 12% of greenhouse gas emissions worldwide.
On September 23rd, leaders from all of these groups will meet at the UN Climate Summit in New York City to spark action on climate change issues including deforestation. The Climate Summit hopes to rally action around two forest efforts, creating incentives to reduce deforestation in tropical countries through REDD+ policies (Reducing Emissions from Deforestation and forest Degradation) and eliminating deforestation from the supply chains of commodities such as palm, beef, soy and paper.
The Board of the Consumer Goods Forum (CGF)—a group of 400 companies with combined sales of around $3.5 trillion—has committed to help achieve zero net deforestation by 2020. However, CGF has also recognized that they cannot solve deforestation on their own, and have called on governments to make REDD+ a priority in a legally binding UN climate agreement in 2015.
At EDF, we believe that REDD+ is the best way to reduce deforestation and promote sustainable economic development and that consumer goods companies are in a prime position to support REDD+ in the countries they source from.