BELÉM, Brazil — A new analysis warns that the world is overlooking a major source of future emissions hidden beneath tropical forests — and that Brazil’s newly launched Tropical Forest Forever Facility (TFFF) could dramatically expand its climate impact by addressing it. Published by the nonprofit Leave it in the Ground Initiative (LINGO), the study overlays forest cover with national fossil fuel deposit maps and finds that forests in 68 countries sit on top of oil, gas and coal deposits whose extraction would release an estimated 317 billion metric tons of greenhouse gases. When including all resources, not just proven reserves, the figure rises to 4.6 trillion metric tons. The 317 gigaton (Gt) figure alone exceeds the remaining global carbon budget to keep warming below 1.5° Celsius (2.7° Fahrenheit), raising the stakes for countries that may be asked to choose between forest protection and fossil fuel extraction. “[We found] that governments were quite unwilling to stop fossil fuel extraction, even if it’s a national park, even if it’s a UNESCO World Heritage Site, or other categories of nature conservation,” LINGO director Kjell Kühne said at a side event of the COP30 climate summit in Belém, Brazil. LINGO argues that forests sitting on fossil reserves face heightened risk, as authorities may see extraction as too financially valuable to forgo — even where forests are intact or legally protected. Maps of TFFF biomes with underlying oil/gas and coal. Image courtesy of LINGO A blind spot in forest finance All forests identified in the…This article was originally published on Mongabay
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