Business News of Thursday, 19 January 2023

Source: Ministry of Lands and Natural Resources

WEF: Ghana, other partners commit to reversing forest loss and land degradation by 2030

Minister of Lands and Natural Resources, Samuel Abu Jinapor with Marina Silva and John Kerry Minister of Lands and Natural Resources, Samuel Abu Jinapor with Marina Silva and John Kerry

Minister of Lands and Natural Resources, Samuel Abu Jinapor says Forest and nature-based solutions have proven to be very impactful and verifiable, and Ghana, as a respected member of the international community, remains committed to working with all partners to deliver Forest and nature-based climate solutions to achieve the 1.5 degrees Celsius target for people and planet.

The Minister made this commitment when he joined Secretary John Kerry of the UK, in the capacity as co-Chairs of the Forest and Climate Leaders’ Partnership (FCLP) on Wednesday, 18th January 2023, on the sidelines of the World Economic Forum, in Davos, Switzerland.

Together with Secretary John Kerry, the Lands Minister held two separate meetings with Brazil and the Democratic Republic of Congo (DRC), to find ways of working together to achieve the ambitious objective of the FCLP to halt and reverse forest loss and land degradation by 2030, whilst delivering sustainable development and promoting an inclusive rural transformation.

The Minister indicated that the meetings were very fruitful, adding that they are encouraged by the commitment of the IBC to work with the FCLP to achieve its objectives.

He also noted that achieving this high ambition of the FCLP, requires that the teams work closely with these major forest countries.

Already, together with Indonesia, Brazil, and DRC the Minister said they have formed the Indonesia-Brazil-Congo (IBC) rainforest alliance, to protect their forests, adding that together, these three countries control over fifty percent (50%) of global tropical forests, and are crucial to global efforts at halting deforestation.

Abu Jinapor made a clarion call for all efforts to be marshaled to fight climate change saying” the climate crisis is reaching a tipping point, and requires an all-hands-on-deck approach to come to grips with this crisis.”

The delegation from Brazil was led by the Minister for Environment and Climate Change, Marina Silva and the DRC delegation was led by the Vice Prime Minister and Minister for Environment, Hon. Eve Bazaiba Masudi.

The Amazon Rainforest is said to be the largest tropical rainforest in the world, and some sixty percent (60%) of this tropical rainforest is found in the territories of Brazil. The Congo Basin is the second largest rainforest in the world, and about sixty percent (60%) of this is found in DRC’s territory.