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Deforestation: Compensation

Volume 717: debated on Monday 22 February 2010

Question

Asked by

To ask Her Majesty's Government whether they will hold discussions with the main countries affected by deforestation on financial compensation for protecting forests against deforestation. [HL1894]

The Government are participating in discussions with countries affected by deforestation via the Forest Carbon Partnership Facility demonstration initiative, which is establishing a carbon fund for payments to reduce emissions from deforestation and a readiness fund to support capacity building to facilitate participation by forest countries in schemes to deliver such payments. The Government are also working bilaterally and multilaterally with forest and developed countries to meet the commitment in the Copenhagen accord for the immediate establishment of a mechanism to mobilise financial resources from developed countries to provide positive incentives to reduce emissions from deforestation.