□ Ambassador Na Kyung-won, who participates in the 27th Conference of the Parties (UNFCCC) as a special envoy to the President of the United Nations Framework Convention on Climate Change (UNFCCC) held in Sharm el-Sheikh, Egypt, attended the November 7 (Monday) the “Forest Climate Summit” was held to discuss the response to the climate. The importance of forests for this purpose and the need to expand forest resources were discussed.
o In this “Forest and Climate Summit” hosted by the UK Government, which was the chairman of the 26th COP, the results of the implementation of the forestry initiatives * announced at the 26th General Assembly and the measures to respond to the climate changes using forests were discussed
* At the 26th COP, the Glasgow Leaders’ Declaration on Forests and Land Use, the Global Forest Finance Pledge and the Congo Basin Joint Donor Declaration were announced Numerous initiatives in the field
o Korea was invited to the “Forest and Climate Summit” as a key participant in the 26th COP forestry initiatives and as a founding member of the “Forest and Climate Leaders Partnership (FCLP) *”.
* Forests and Climate Leaders’ Partnership (FCLP): a ministerial-level meeting to raise political interest and support on international forest and land use issues at the 26th COP of the United Nations Framework Convention on Climate Change. Officially launched through the ‘Forest Climate Summit’ held
o The summit included Special Envoy Na Kyung-won, British Prime Minister Rishi Sunak, Gabonese President Ali BONGO ONDIMBA, German Chancellor Olaf Scholz and US President John F. Kerry special climate envoys were present .
□ Special Envoy Na Kyung-won participated as a speaker at the fourth session on “Accelerating Forest Resources” and announced that Korea will join the LEAF Alliance for Forest Protection in developing countries and announced that it will participate in the sharing of expertise and experiences through Official Development Assistance (ODA).
o The LEAF Alliance * is a voluntary international coalition formed to jointly raise $ 1 billion in forest resources between the government and the private sector to prevent deforestation and deforestation in tropical and subtropical forest countries.
* LEAF: Abbreviation for The Lowering Emissions by Accelerating Forest finance.
o About 20 companies, including the governments of the US, UK and Norway, Amazon and Airbnb, participate in the LEAF alliance. Korea is about to join the LEAF alliance as the fourth participating country.
o Special Envoy Na said: “The LEAF alliance is significant as it provides a channel for private companies to support the forest sector and the LEAF alliance makes a significant contribution to expanding forest resources, as outlined in the forest statement Seoul *. will do that, “he said.
* Seoul Forest Declaration: As an important result of the 15th World Forestry Congress held in Seoul in May, calls for action in the forest sector to solve problems such as climate change.
In addition, the Korean government also announced that it will participate in the LEAF Alliance and participate in the efforts of the international community to mobilize forest resources to respond to climate change, noting that participation will be expanded to respond to the disasters caused by the change.
□ In the fourth session of the “Forest Climate Summit” (acceleration of forest financing), Special Envoy Na Kyung-won, CEO of the Dutch Development Bank (FMO) Michael Jongeneel and the Foreign Minister of Ecuador Juan Carlos Holgun, etc.
o Michael Jongenil stressed the importance of private sector mixed finance, eliminating bureaucracy and complex processes and participating in UK government sponsored partnerships to accelerate climate finance in the forest sector.
o Carlos Holguin shared Ecuador’s efforts to protect forests, including implementing the REDD + * system and joining the Convention to promote non-deforestation production, and announced that he would promote cooperation with the LEAF Alliance.
* Red Plus (REDD +): Reduction of emissions from deforestation and forest degradation Plus by preventing deforestation and deforestation in developing countries
□ This “Forest Climate Summit” served as an opportunity to strengthen Korea’s position as an advanced forestry country by participating in a joint public-private debate driving the response to climate change in the forestry sector.
Annex 1. Overview of the Summit of Forest and Climate Leaders
2. Related photos. end.
