PwC has released a report addressing the role of the REDD+ community and the Consumer Goods Forum members can come together to end deforestation and forest degradation resulting from unsustainable
“Deforestation and forest degradation account for around 15% of total GHG emissions, as well as having globally significant impacts on biodiversity, ecosystem services and livelihoods. Around half of deforestation and degradation is driven by four key commodities: soy, cattle products, palm oil and pulp & paper – major ingredients in the supply chains of Consumer Goods Forum (CGF) companies.
The CGF and the REDD+ (Reducing Emissions from Deforestation and Degradation) community have a shared goal to reduce deforestation and degradation. This was formalised in September 2014 when more than 130 governments, businesses, civil society and indigenous peoples’ organisations endorsed the New York Declaration on Forests, pledging to halve forest loss by 2020, and strive to end it a decade later in 2030. This goal is highly ambitious and will require both the CGF and REDD+ community to work together as effectively as possible to fully leverage each other’s resources. Beyond the direct impact this has on the global carbon budget, it would have a catalytic impact on demonstrating to other industries how the private and public sector can work together to cut carbon emissions.”
Read the full report here.
Watch a video recap from PwC here.