Land Use • The tree that hides the forest: increasing commitments and a slowdown in deforestation mask the shrinking carbon sink

  • Annual global tree cover loss has slowed since peaking in 2016, but remains above the 2000-2015 average. The carbon stocking capacity of forests therefore continues to weaken.
  • Indonesia has significantly slowed its rate of deforestation, which is accelerating in the Democratic Republic of Congo and Brazil.
  • International targets for combating deforestation (New York Declaration), accelerating reforestation (Bonn Challenge) and promoting biodiversity (Aichi Targets) have generally not been met.
  • Financing for biodiversity and forests is growing. “Nature-based” carbon credits are driving the development of voluntary carbon markets.
Discover the full report and key takeaways from the Global Synthesis Report on Climate Action 2023