In just one year, Initiative 20x20 has secured commitments to restore 27.7 million hectares of land by 2020—an area the size of the United Kingdom —with private impact investors earmarking $730 million to support restoration projects in the region.
Despite difficult negotiations in Lima, discussions signaled the positive outlook among development banks for expanding climate finance in Latin America and the Caribbean.
With increasing low-carbon investments, pledges to the Green Climate Fund, and ambitious renewable energy and efficiency targets demonstrate robust political and financial commitments, building momentum for a strong global response to climate change.
This infographic is based on data from our Initiative 20x20 project.
Between 2001 and 2012, Latin America and the Caribbean lost 36 million hectares of forest and grassland to agricultural expansion, and nearly half of the region's greenhouse gas emissions are the result of land-use change, forestry, and agriculture. So there’s a clear solution to curbing climate change in the LAC region—restore life to its degraded landscapes.
That's where Initiative 20x20 comes in.
Bringing 20 million hectares of degraded land in Latin America and the Caribbean into restoration by 2020.
Jamaicans will have greater access to information about infrastructure developments and their environmental impact in the form of Development Alert!, a new interactive website created by the Jamaica Environment Trust (JET), World Resources Institute (WRI), and The Access Initiative with support from software developers Blue R
Governments, businesses, development agencies, and NGOs are increasingly turning to economic valuation as a way to protect coral reefs and mangroves. This process makes the economic case for protection and sustainable use of natural resources by showing the monetary, employment, and infrastructure benefits ecosystems provide—metrics that are easily understood by decision-makers.
But not all economic valuations are created equal. WRI's new guidebook shows how NGOs and other stakeholders can conduct economic valuations in ways that lead to real change on the ground.