Visualizing The World’s Failure to Halt Deforestation

The New Diplomat
Writer

Ad

EU slams Musk’s X with $140m penalty, defies U.S. pressure in landmark tech-regulation showdown

By Obinna Uballa The European Union on Friday imposed a 120-million-euro ($140-million) fine on Elon Musk’s social media platform, X, for violating transparency rules under the bloc’s sweeping Digital Services Act (DSA), a decision that sets up a direct confrontation with the administration of United States President Donald Trump. The penalty, the first issued by…

Musk Sells Another $6.9 Billion In Tesla Shares

[VIDEO] ‘Things have gotten dangerously out of hand,’ 2Face cries out

https://youtube.com/shorts/vV5I8Zcj-vg By Obinna Uballa Nigerian music legend Innocent Idibia, popularly known as 2Face or 2Baba, has spoken out in a dramatic video posted on X.com late Thursday, accusing members of his own family of spreading damaging rumours, endangering his partner Natasha, and worsening the turmoil surrounding his private life. The visibly distressed singer said the…

Supreme Court dismisses Osun’s suit over withheld LG funds

By Obinna Uballa The Supreme Court on Friday struck out a suit filed by the Osun State Government seeking to compel the Federal Government to release withheld allocations for the state’s local government areas. In a 6-1 ruling, a seven-member panel of the apex court held that the case, filed by the state’s Attorney General,…

Ad

By Bruno Venditti

Global deforestation in 2022 rose by 4%, reaching 6.6 million hectares. This number is 21% higher than the 2022 target needed to end deforestation by 2030.

In this map, our sponsor Carbon Streaming examines the failure to reduce deforestation in certain regions around the globe, based on data from the Forest Declaration Assessment.

Most Deforestation Occurs in Tropical Regions

In 2022, deforestation alone accounted for around 7% of global greenhouse gas emissions.

Nearly 96% of global deforestation took place in tropical regions in 2022. The loss of tropical primary forests reached 4.1 million hectares, 33% higher than the needed trajectory to halt primary forest loss by the end of the decade:

Region Deforestation 2022, in thousand hectares (kha) Target for 2022* (kha) Deviation from target
Tropical Africa 820.0 650.0 +26%
Tropical Asia 1,930.0 1,900.0 +1%
Tropical Latin America and the Caribbean 3,530.0 2,620.0 +35%
Europe 1.3 1.0 +26%
Non-tropical Africa 0.9 1.2 -22%
Non-tropical Asia 18.3 20.9 -13%
Non-tropical Latin America and the Caribbean 118.9 72.3 +64%
North America 126.8 134.6 -6%
Global 6,560.0 5,510.0 +21%

Note: Based on original analysis for the Forest Declaration Assessment report using data from Hansen et al. 2013, updated through 2022. Only tree cover loss that is deemed permanent (Curtis et al., 2018) or that occurs within humid tropical primary forests is considered here. * Annual targets based on linear trajectory from a 2018-20 average baseline to 2030 target of zero deforestation.

Non-tropical forests in Africa and Asia, as well as forests in North America, suffered deforestation below the target for 2022.

Meanwhile, public and private finance for forests remains far below estimated needs for meeting global goals to halt and reverse deforestation.

More Funding for Forest   

Funding for forests averages $2.2 billion annually, representing less than 1% of the estimated requirements for achieving global forest goals by 2050.

Carbon credits can help mobilize the private sector capital needed to protect and restore forests by providing funds where it is urgently needed. Companies can purchase carbon credits to support critical mitigation efforts outside of their value chains, including nature-based solutions that may not receive funding otherwise.

Carbon Streaming has a portfolio of high-integrity carbon credit projects spanning 12 countries, including projects protecting forests such as the Cerrado Biome project and Rimba Raya project.

Source: Visual Capitalist

 

Ad

X whatsapp