Emergent and the United Nations REDD Programme (UN-REDD) — supported by the Environmental Defense Fund, Forest Trends and the Architecture for REDD+ Transactions — have launched the Green Gigaton Challenge, a global initiative to catalyse funding for one gigaton of highquality emissions reductions a year from forests by 2025.
Only by working with national and state governments, and by channeling private capital, can we make massive and transformative reductions in deforestation,” said Eron Bloomgarden, the Executive Director of Emergent. “Signicant progress has been made in recent years on the policies, practices and incentives for halting and reversing deforestation and forest degradation, and now, with dramatic increases in
corporate demand, we’re at a pivotal moment for massively scaling up these
efforts,” he added.
