Visualizing The World’s Failure to Halt Deforestation

The New Diplomat
Writer

Ad

Damagum Confirmed as Substantive National Chairman

By Abiola Olawale The Peoples Democratic Party (PDP) on Saturday ratified Ambassador Umar Damagum as its substantive National Chairman at a Elective National Convention in Ibadan. The ratification officially ends Damagum's tenure as Acting Chairman and sets the course for the party's leadership into the crucial 2027 general elections. ​The convention, held at the Lekan…

Just In! Shake Up as PDP Expels Wike, Fayose, Anyanwu, Others Over Alleged Anti-party Activities

By Abiola Olawale The Peoples Democratic Party (PDP) on Saturday announced the expulsion of several high-profile members, including the Minister of the Federal Capital Territory (FCT), Nyesom Wike, and former Ekiti State Governor Ayo Fayose. ​The announcement, made during the party’s National Convention in Ibadan, also confirmed the expulsion of the suspended National Secretary, Senator…

Details as Benin Republic Extends Presidential Term to Seven Years

By Abiola Olawale The Republic of Benin has officially extended the presidential term from five to seven years. This change, passed through the National Assembly, comes amid broader constitutional reforms. ​The extension of the presidential mandate from the current two five-year terms to what is effectively a longer two-term limit is one of the most…

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