In December 2022, the United Nations Conference on Biodiversity held in Montreal brought together representatives from 188 governments. The conference resulted in the adoption of a global framework for biodiversity with the agreed objective to conserve and effectively manage at least 30% of the world's lands, coastal areas, and oceans. A year earlier, during COP26 in Glasgow, 145 heads of state committed to halting and reversing forest loss by 2030.
It is more essential than ever to work towards conserving our environment and I particularly tropical forests. Various mechanisms and initiatives are moving in this direction. The establishment of national parks and protected areas is a classic yet crucial strategy. These zones provide legal protection against deforestation and ensure the long-term conservation of ecosystems while allowing visitors to appreciate the natural beauty of the forest.
Moreover, climate financing mechanisms exist to support conservation projects. Carbon offsetting is an approach where companies compensate for their greenhouse gas emissions by investing, for example, in reforestation or forest conservation projects. However, this approach should be preceded by a strong commitment to reducing CO2 emissions so that compensation becomes the last link in the chain: avoid, reduce, compensate.
Finally, community projects emphasize the involvement of local populations in forest conservation. These initiatives empower communities, integrating them into preservation strategies tailored to their needs and promoting sustainable management of natural resources. This approach is what we adopt in the Huayabamba Valley. We will tell you soon more about it...
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