During the day, the United States of America announced a global fund of US$1B in total to address deforestation and degradation to 2012, and the Government of Japan announced that they would contribute US$5B per year if an ambitious agreement was reached at Copenhagen.
The United States announcement was made by US Secretary of Agriculture, Tom Vilsack.
At the same event as Mr. Vilsack made the announcement, President Jagdeo shared a panel discussion with Prime Minister of Norway Jens Stoltenberg, Jane Goodall of the Jane Goodall Institute, and UN Messenger of Peace, Sir Charles Branson, Founder of the Virgin Group. The event, organised by the Avoided Deforestation Partners under the theme ‘Reducing Emissions from Deforestation: Opportunities for U.S. Initiatives in Support of a Global Framework’, brought together policymakers along with some of the leading global NGOs working on forests and heads of multilateral financial and corporate institutions.
Among those who participated were Eduardo Braga, Governor of Amazonas, Brazil; Helen Clark – Administrator of UNDP; former Prime Minister of New Zealand, Robert Zoellick; President of the World Bank, Julia Marton Lefevre; Director General of the International Union for the Conservation of Nature (IUCN); Carter Roberts, President of WWF US; Peter Seligmann, Chairman and CEO of Conservation International; and Mark Tercek, President and CEO of The Nature Conservancy.
During the discussions, President Jagdeo highlighted the importance of adequate financing for REDD+ for it to be successful. He highlighted the partnership with Norway and the fact that payments are performance based and subject to Monitoring, Verification and Reporting System (MRVS). Norway Prime Minister Jens Stoltenberg indicated that Norway’s Initiatives on forests, which included collaboration with Brazil and Guyana, was one of their best initiatives on Avoided Deforestation, while emphasising that it is one of the most cost-effective abatement solutions available and could be implemented immediately.
The President and Guyana Delegation also participated at the Guyana Presentation, organised to share information and further promote Guyana’s Initiatives and the Low Carbon Development Strategy (LCDS). (GINA)