“Among the few commitments to emerge from a one-day climate summit — held at the United Nations in New York on Tuesday and attended by over 100 heads of state — was a promise to end destruction of the world’s forests by 2030 and funnel over $1 billion in aid to countries where forest conservation is most needed.
Conservation groups, however, say the moratorium — the New York Declaration on Forests— fails to act quickly enough to halt deforestation and that past financial commitments, particularly in Indonesia, were poorly planned and implemented.”