U.S. Leadership Advances Global Efforts to Conserve Critical Ecosystems and Protect Carbon Sinks: A Progress Report on Implementing U.S. Efforts on the Plan to Conserve Global Forests: Critical Carbon Sinks – United States Department of State – Department of State

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Fact Sheet
Office of the Spokesperson
November 17, 2022
At COP26 during the World Leaders Summit Forest Day session on November 2, 2021, the United States announced the Plan to Conserve Global Forests: Critical Carbon Sinks . This decade-long, whole-of-government Plan sets forth the U.S. approach to conserving critical global terrestrial carbon sinks, deploying a range of diplomatic, policy, and financing tools. The first-of-its-kind plan for the U.S. government seeks to catalyze the global effort to conserve and restore the forests and other ecosystems that serve as critical carbon sinks. Subject to Congressional appropriations, by 2030, the United States intends to dedicate up to $9 billion of our international climate funding to support the objectives of the Plan.
The United States recognizes that without halting deforestation and other land conversion, and restoring ecosystems at scale, the world cannot reach net zero emissions by 2050 nor limit warming to 1.5 degrees Celsius. This is not a long-term challenge. It is something we must do immediately in this critical decade.
Forests and other ecosystems could provide as much as one-third of global mitigation by 2030. The Plan to Conserve Global Forests: Critical Carbon Sinks has been devised to catalyze even more ambitious global action to capture that potential by reducing emissions from deforestation and forest degradation, and enhancing carbon sequestration by restoring and enhancing forests and other ecosystems.
Progress in 2022
The Plan reiterates U.S. support for the collective goals to strive to end natural forest loss by 2030 and to significantly increase the rate of global restoration of degraded landscapes and forestlands to restore at least an additional 200 million hectares by 2030, and the collective aim to slow, halt, and reverse forest cover and carbon loss.
Since the launch at COP26, the United States has worked to help drive progress forward in each of the Plan’s four key objectives, building on a whole-of-government approach and partnering with key stakeholders. Amongst this work is a new, systematic interagency effort to coordinate engagement and outyear programming in specific geographies. While all activities underway are too extensive to list here, we have included a summary of some of the most relevant advances under each objective below:
Objective 1: Incentivize forest and ecosystem conservation and forest landscape restoration
Objective 2: Catalyze private sector investment, finance, and action to conserve critical carbon sinks
Objective 3: Build long-term capacity and support the data and monitoring systems that enhance accountability
Objective 4: Increase ambition for climate and conservation action
To support these efforts, the United States has dedicated substantial financial resources over the past year, and worked with partners to mobilize additional resources through:
Official reporting on U.S. government finance will be provided in our Biennial Transparency Report submitted under the Paris Agreement.
Advancing Ambition and Action for Ecosystems Through Policy
Beyond these advances, the United States has put its leadership into action in efforts to end forest loss and restore ecosystems at home and abroad and has worked with partners to maintain this issue at the forefront of global policy. Notable examples of key policy developments include:
United States
Executive Order on Strengthening the Nation’s Forests, Communities, and Local Economies : Released on Earth Day, President Biden’s Executive Order expanded this Administration’s historic and bold efforts to tackle the climate crisis, make our nation more resilient to extreme weather, and strengthen local economies by requesting all agencies to develop joint recommendations on:
Investment in forests and other ecosystems: Across these efforts, the Administration will leverage historic investments from the Bipartisan Infrastructure Law and the Inflation Reduction Act, as well as the FY 2022 budget, to direct significant resources to conserve and restore the nation’s forests and other ecosystems, and advance the adoption of climate-smart production practices. These bills, and the associated budgets, facilitate work in partnership with states, Tribal Nations, communities, industry, NGOs, labor, scientists, and private landowners to strengthen our forests while creating good-paying jobs. The Inflation Reduction Act alone supports:
Proposed legislation: The U.S. Congress has also proposed draft legislation that would support efforts globally to halt forest loss and degradation and bolster efforts to conserve and restore forests. These include:
Multilateral and Plurilateral
The United States also joined other governments in adopting and implementing a series of measures that reinforce the collective aim to halt forest loss and degradation and restore ecosystems. These include:
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