Action Alerts
On 11 March 2020, the Board of the Green Climate Fund (GCF) approved a requests from the Arbaro Fund for USD 25 million to set up industrial tree plantations in seven countries in Africa and Latin America.
133 organisations and 101 individuals from 56 countries have signed the letter to the GCF Board. Specifically, they call for the rejection of a funding request from the Arbaro Fund which the GCF Board will discuss at its 25th meeting from 10-12 March.
Tell Green Climate Fund Board Members to say NO to funding requests that promote monoculture tree plantations and, in particular, the funding request of the Arbaro Fund for its so-called “Sustainable Forestry Fund”.
This is good news for forests, forest peoples and the climate because the IFC proposal aimed at subsidizing a carbon market for private sector REDD+ project credits for which there is neither demand nor justification.
More than one hundred organisations signed this open letter to members of the Green Climate Fund Board. The Board will be meeting from 12 to 14 November 2019, and will decide on a number of funding requests related to REDD+.
