The Lowering Emissions by Accelerating Forest finance (LEAF) Coalition aims to mobilize at least $1 billion in financing, kicking off what is expected to become one of the largest ever public-private efforts to protect tropical forests, to the benefit of billions of people depending on them, and to support sustainable development.
Coordinated by
Tropical forests around the world are under threat. The world lost more than 10 million hectares of primary tropical forest cover last year, an area roughly the size of Switzerland. Ending tropical and subtropical forest loss by 2030 is a crucial part of meeting global climate, biodiversity and sustainable development goals. Protecting tropical forests offers one of the biggest opportunities for climate action in the coming decade.
The LEAF Coalition can help reverse the trend by providing unprecedented financial support to tropical forest governments implementing forest protection, contributing to green and resilient growth through sustainable investments. The LEAF Coalition empowers tropical and subtropical forest countries to move more rapidly towards ending deforestation, while supporting them in achieving their Nationally Determined Contributions (NDCs) under the Paris Agreement. Reductions in emissions are made across entire countries or large states and provinces (“jurisdictions”) through programs that involve all key stakeholders, including Indigenous peoples and local communities.
looking to participate in the Coalition, click here for the April 2021 Call for Proposals (CFP submission template coming soon)
Convocatoria de Propuestas – En español
Chamada para Propostas – Em português
Engaging tropical forest countries and states to reduce deforestation on a jurisdictional level and supporting their investments in sustainable development
Ensuring the full and effective participation of local and Indigenous peoples in line with the Cancun Safeguards
Private sector support is in addition to, not instead of, deep cuts in their own value chains in line with science-based emission reduction targets
Using the independent and rigorous ART/TREES standard to ensure uncompromising environmental and social integrity
Payments made by public and private sectors for demonstrated results that increase the speed and scale of forest protection
Catalysing private capital at scale, providing an avenue for companies to go beyond individual efforts to support global action
Jurisdictions reduce deforestation through national or sub-national scale forest protection programs
Transaction of ART credits from jurisdictions purchased or paid for via intermediary after diligence and internal approvals
ERs will transact at a minimum price of $10 per ER via intermediary, as applicable
Payments to jurisdictions
enable additional forest protection
and increased climate ambition.
Emission Reductions (ERs)
verified and issued by ART
Funds channelled to
jurisdictions according to fund
management best practice
