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Home > News & Events > Events Calendar > Money Growing on Trees? Stopping Tropical Deforestation to Solve the Climate and Resource Crises
Lunch provided
Limited space: To reserve a seat please RSVP to lauren_bloomberg@hks.harvard.edu.
Speakers:Per Fredrik Ilsaas Pharo is the Director of Norway’s
International Climate and Forest Initiative, which is providing up
to USD 500m annually to kick-start a global climate regime that
rewards developing countries for verified emission reductions in
the forest sector (REDD+ in UN lingo). Norway has entered into
partnerships with support of USD 1bn each to Brazil and
Indonesia.Daniel Nepstad is the founding president of the Amazon
Environmental Research Institute (IPAM), formerly with Woods Hole.
He is a leading forest ecologist, and is currently putting together
a consortium of companies and NGOs to transform global supply
chains by linking certification from commodity roundtables to
future payments for reduced forest emissions. These efforts will be
critical to achieve the highly ambitious pledge from the Consumer
Goods Forum (with combined revenues of USD 2 trillion) to eliminate
deforestation from their commodity supply chains by 2020.Joseph Aldy, Assistant Professor of Public Policy, Harvard
Kennedy School, White House representative on climate change during
deliberations of federal cap-and-trade legislation and the 2009
Copenhagen climate talks.Moderator: Prof. William Clark, Harvey Brooks Professor of
International Science, Public Policy and Human Development and
Director, Sustainability Science Program, Harvard Kennedy
School.Description: Destruction of tropical forests causes more
greenhouse gas emissions than the entire global transport sector
(15% of world total). Reducing deforestation is one of the most
cost-effective ways to cut emissions, and can provide significant
local social and environmental benefits. Some 40 developing
countries are preparing for an emerging scheme under the UN climate
change negotiations that will reward developing countries for
reducing such emissions (“REDD+”). Norway has already pledged USD
1bn to both Indonesia and Brazil if they meet their ambitious
emission reduction targets. Meanwhile, multinational companies with
combined revenues of USD 2 trillion have committed to eliminate
deforestation from their commodity supply chains by 2020. Key
questions: How to reduce pressure on forests while feeding 9
billion people by 2050? How to demonstrate that stopping
deforestation and rationalizing land use planning is in the long
term national self interest, while at the same time mobilizing
international support? How to create sufficient ‘demand’ for
emission reductions at scale without a binding global climate
regime pre-2020?