These jurisdictions hold a quarter of the world’s forests and currently have low deforestation rates, locking in billions of tonnes of carbon and contributing to the global terrestrial sink, which absorbs some 30% of global emissions each year.
Temasek-backed Climate Impact X (CIX) has joined a coalition of leading non-profits and organisations in mobilising support for the preservation of a quarter of the world’s forests.
This coalition is launching guidance on the use of carbon credits from High Forest, Low Deforestation (HFLD) jurisdictions, represented by a dozen countries and nearly 40 subnational jurisdictions globally.
