• About
  • Our Work
  • Join
  • Partner
  • Media
EMAIL SUBSCRIBE
DONATE
SUBSCRIBE TO NEWSLETTER

Sign-up for monthly updates on Winrock's work around the world.

ART Welcomes the Launch of the LEAF Coalition

Environment & Energy
Climate Change
  • SHARE:
  • Copy

April 22, 2021 – The Secretariat of the Architecture for REDD+ Transactions (ART), hosted by Winrock International, welcomes today’s announcement of the Lowering Emissions by Accelerating Forest finance (LEAF) Coalition, a public-private initiative which aims to raise global climate ambition and mobilize at least $1 billion in results-based finance for the protection of tropical forests.

The LEAF Coalition includes initial participation from the governments of Norway, the United Kingdom, the United States, and leading companies including Amazon, Airbnb, Bayer, Boston Consulting Group, GSK, McKinsey, Nestlé, Salesforce, and Unilever. LEAF aims to expand to include support from additional countries and companies in the months ahead.

The LEAF Coalition is launching a Call for Proposals (CFP) to provide substantial financial support to tropical and subtropical countries that successfully reduce emissions from deforestation and forest degradation. The initial CFP is expected to help catalyse significant reductions of greenhouse gas (GHG) emissions through a combination of forward purchase agreements and floor price commitments at USD 10 per tonne for at least 100 million metric tonnes of CO2. Proposals must meet the ART-TREES standard requirements and ensure the full and effective participation of relevant stakeholders — in particular, indigenous people and local communities.

Related

  • ART

204 E 4th Street | North Little Rock, Arkansas 72114

ph +1 501 280 3000 | fx +1 501 280 3090

2451 Crystal Drive, Suite 700 | Arlington, Virginia 22202

ph +1 703 302 6500 | fx +1 703 302 6512

  • Contact
  • E-News Signup
  • Low Bandwidth
  • Code of Conduct
  • Winrock Privacy Statement
  • Site Map
  • Terms of Use
Copyright © 2015- Winrock International
DEV ENVIRONMENT