💨 Abstract

At COP29, the UK Foreign Secretary announced new partnerships to combat illegal deforestation and support indigenous communities. This includes a new initiative for forest tenure rights in the Amazon Basin, funding for local scientists in the Congo Basin, and investments to reduce illegal logging. The UK also pledged £100 million for private capital investments and $280 million for the IFCAP initiative to unlock additional climate finance.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖