Partnerships for Forests expansion into Latin America was announced by the Department for Business, Energy and Industrial Strategy (BEIS) in 2017 during the 23rd UNFCCC Conference of Parties (COP) in Bonn, Germany.
Latin America is home to 22% of the forested areas globally. Brazil alone contains the largest forest area in the world; 62% of its land area is covered by forest, a great part of it situated in the Amazon basin, which is the largest continuous mass of the world’s tropical forests.
Latin America is also an agriculture power house. The global demand for food provides strong incentives for further expansion of agricultural activities in the region and Partnerships for Forests is dedicated to ensuring these economic activities take place side-by-side with forest conservation, sustained by improved productivity and profitability.
The programme also aims at increasing the value of the great amount of native forests still standing in Latin America by facilitating economically viable options for local communities. Lastly, Partnerships for Forests will promote economic forest-restoration activities and attract investors to finance the rehabilitation of already degraded forest areas.
The first two countries of focus in the region will be Brazil and Colombia.