Global: The COP30 Presidency Roadmaps aim to translate global consensus into implementation, by mapping critical barriers and enabling factors, while recognising that no single transition pathway applies to all countries and regions

The PRI welcomes the COP30 Presidency’s initiative to develop a roadmap for halting and reversing deforestation and forest degradation by 2030, in response to the COP28 Global Stocktake and in alignment with the Kunming–Montreal Global Biodiversity Framework and the Glasgow Leaders’ Declaration on Forests and Land Use. This roadmap has the potential to serve as an important tool for advancing implementation of global climate and nature goals and for further enabling investors to contribute to these objectives.

Economic and market systems not accounting for the true value of forests, commodity-driven deforestation, environmentally harmful subsidies, and both illegal and legal deforestation are barriers to halting and reversing of deforestation and forest degradation.

At the same time, many investors recognise that deforestation has macroeconomic implications and can bring about system-level, transition and physical risks, and many have already begun taking steps to address deforestation-related risks and opportunities. A range of approaches and methods already exists to help investors address deforestation risks and identify related opportunities. However, more can be done to create an enabling environment to further support and scale investor action on deforestation – and action by the private sector at large.

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