withdrawal from the Paris climate accord, a decision made by former President Trump, after delivering his opening address at the COP26 summit. The pledge benefits from $7.2 billion of private investment, including $2 billion from Inc.’s founder Jeff Bezos’ ‘Bezos Earth Funs,’” Max Colchester reports for the Wall Street Journal. “Some $12 billion of public finance for the project comes from 12 countries and will be made available between 20. The funds contributed to the pledge are to be used to restore forests, tackle climate events such as wildfires, help indigenous people protect their land, and improve data systems to track illegal logging, among other issues. Catrin Einhorn and Chris Buckley report for The New York Times.

Some advocacy groups have however criticized the pledge as lacking sufficient teeth to address deforestation. “Forests are the lungs of our planet,” Johnson wrote on Twitter this morning.

Prime Minister Boris Johnson is scheduled to announce the deforestation agreement at an event this morning attended by President Biden and the president of Indonesia, Joko Widodo. The pledge will demand “transformative further action,” according to the declaration, which was accompanied by several measures intended to help put it into effect. Leaders of more than 100 countries, including Brazil, China and the U.S., representing 85% of the world’s forests, have vowed at the COP26 to end deforestation by 2030, seeking to preserve forests crucial to absorbing carbon dioxide. We are digging our own graves.” Tamila Varshalomidze and Usaid Siddiqui report for Al Jazeera. Enough of burning and drilling and mining our way deeper. Secretary-General António Guterres addressed the opening ceremony saying: “enough of brutalising biodiversity.

After leaders from the G20 failed to commit to a 2050 target to halt net-carbon emissions, world leaders tried to re-energize climate negotiations by warning of the impending impacts of climate change. The COP26 climate summit began with leaders escalating their rhetoric by issuing a doomsday warning. Signup to receive the Early Edition in your inbox here.Ī curated weekday guide to major national security news and developments over the past 24 hours.

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