1t.org: An initiative by World Economic Forum 24/01/2020 – Posted in: Daily News – Tags:

1t.org

 

For: Preliminary & Mains

Topics covered:

  • About 1t.org, its aim, and objectives
  • About the World Economic Forum
  • About Reforestation

 

News Flash

The 1t.org scheme endorsed by US President Donald Trump. It aims to make a major contribution to the UN Decade on Ecosystem Restoration 2021-2030 led by United Nations Environment Programme (UNEP) and the Food and Agriculture Organization (FAO).

 

1t.org

World Economic Forum and partners launch 1t.org, a multistakeholder effort to support efforts to grow, restore and conserve 1 trillion trees around the world.  It is being set up with the initial financial support of Marc and Lynne Benioff.

  • 1t.org is a platform for leading governments, businesses, civil society and ecopreneurs committed to restoring and reforesting the planet.
  • 1t.org is being created to serve all actors working on restoration and reforestation.
  • It will also provide a global platform for any reforestation commitment, initiative or campaign.

 

Reforestation

  • Reforestation is the re-growing of forests that have previously been cut down.
  • Another term for reforestation is afforestation, the practice of restoring forests that used to exist but had been cut down.

Why reforestation is necessary

Greenhouse gas emissions reached a record high of 55.3 Gigatonnes of CO2-equivalent in 2018. According to UNEP’s Emissions Gap Report, the Earth’s ability to have a two-thirds chance of keeping climate change below 1.5 degrees Celsius means that we have to reduce emissions by 55% between now and 2030. At current emission levels, our “carbon budget” for the 1.5 degrees Celsius warming limit will be depleted before 2030.

Growing, restoring and conserving 1 trillion trees over the coming decade could result in up to 12Gt CO2 being sequestered from the atmosphere each year, with the same trees storing up to 205 Gt of CO2-equivalent once mature.

It is estimated that nature-based solutions such as reforestation could provide up to one-third of the needed climate solutions by 2030 to meet the 1.5-degree goal.

 

World Economic Forum

The World Economic Forum (WEF), based in Cologny-Geneva, Switzerland, is an NGO, founded in 1971. It is a membership-based organization, and membership is made up of the world’s largest corporations.
The WEF’s mission is cited as “committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas”.

 

Source: World Economic Forum

 

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