Category: climate commitments

What Does 30 Years of Global Deforestation Look Like?


This post is by Aran Ali from Visual Capitalist


The following content is sponsored by The LEAF Coalition

The Briefing

  • 177.5 million hectares of land have been lost to deforestation since the 1990s
  • Deforestation accounts for 10% of global carbon emissions

30 Years of Deforestation

Estimates say deforestation practices need to be thwarted by 75% by 2030, in order to effectively manage rising global average temperatures. But when looking at deforestation data over the last 30 years, it’s clear we’ve gone in the opposite direction.

This sponsored graphic from The LEAF Coalition looks at the total land lost to deforestation since the 1990s and compares it to the total land in the U.S. as a point of reference.

The Rise and Fall of Forests

Approximately 4% of the world’s forests have been lost since the 1990s. This is equivalent to 177.5 million hectares or 685,000 square miles, and greater than the total land area of 179 countries in the world. In addition, this covers one-fifth of the land in America. Here’s how the average global annual net change in forest area looks on a decade-by-decade basis.

Period

Global Annual Forest Area Net Change (Hectares)

2010-2020

-4.7M ha

2000-2010

-5.2M ha

1990-2000

-7.8M ha

A silver lining here is that in the most recent decade that’s passed we’ve seen a reduction in the amount of deforestation. Compared to the late 1990s, the decade between 2010 and 2020 has seen yearly deforestation reduce by 3.1 million hectares from 7.8 million to 4.7 million.

However, there’s still plenty of work that needs (Read more...)

Visualizing the Forest Funding Gap Relative to Emissions


This post is by Aran Ali from Visual Capitalist


The following content is sponsored by The LEAF Coalition

The Briefing

  • Deforestation accounts for 10% of global carbon emissions
  • Deforestation receives just 2.2% of climate funding

The Forest Funding Gap

Climate change has been referred to as modern day civilization’s greatest challenge. And stopping deforestation is an important step in the battle to stop rising global temperatures. Yet, when you look at the amount of climate funding earmarked for deforestation, something doesn’t add up.

This graphic from The LEAF Coalition looks at the state of global deforestation and compares how much climate funding it receives relative to its global CO2 emissions.

Deforestation’s Role in Global Emissions

Protecting our forests and protecting the climate are one in the same. In fact, the data reveals that tropical deforestation accounts for 10% of global CO2 emissions.

What’s more, these levels of emissions exceed that of all individual countries except for the U.S. and China. Despite this, climate funding towards deforestation only accounts for $14 billion of the over $618 billion available, representing a small 2.2% slice of the total.

This is especially problematic when considering a forest’s carbon stock and carbon sequestration capabilities. Here’s how different forests across the globe compare when looking at gigatonnes of carbon stock.

EcosystemEstimated Carbon Stock (Gt)Annual Loss Rate
Tropical moist forests295 Gt0.45%
Boreal forests283 Gt0.18%
Temperate broadleaf forests133 Gt0.35%
Temperate conifer forests66 Gt0.28%
Tropical dry forests14 Gt0.58%
Mangroves7.3Gt0.13%

A carbon stock (Read more...)

Should You Invest in Disruptive Materials?


This post is by Aran Ali from Visual Capitalist


The following content is sponsored by Global X ETFs
graphic showing the forecasted surge in demand as a result of emerging climate and clean energy technologies.

Should You Invest in Disruptive Materials?

New technologies are having a transformative impact on the transportation and energy sectors. As these technologies develop, it is becoming clear that a small selection of materials, metals, and minerals—known collectively as disruptive materials—are critical components required to innovate.

This graphic from Global X ETFs takes a closer look at the disruptive materials that are key to fueling climate technologies. With a growing global effort to decarbonize, disruptive materials may enter a demand supercycle, characterized as a structural decades-long period of rising demand and rising prices.

Building Blocks Of the Future

There are 10 categories of disruptive materials in particular that are expected to see demand growth as part of their role within emerging technologies.

Disruptive MaterialApplicability
ZincProtects metal surfaces from rusting through a process called galvanization. This is essential to wind energy.
Palladium & PlatinumOften used in catalytic converters, thus playing a major role in hydrogen fuel cell technology.
NickelA corrosion-resistant metal used to make other metals more durable.
ManganeseAn important mineral needed for battery and steel production.
LithiumThe foundational component of lithium-ion batteries.
GrapheneThe thinnest known material which is also 100x stronger than steel. Used in sensors and transistors.
Rare Earth MaterialsA broader category including 15 lanthanide series elements, plus yttrium. These metals are found in (Read more...)

The Impact of Deforestation on Carbon Storage


This post is by Iman Ghosh from Visual Capitalist


The following content is sponsored by The LEAF Coalition
graphic showing the impacts of deforestation both short and long term

The Impact of Deforestation on Carbon Storage

A one degree change in temperature could have catastrophic consequences.

One of the most notable influences on rising global average temperatures comes from deforestation. In fact, combined emissions from deforestation are higher than the annual emissions of any other country (apart from the U.S. and China) and contribute to roughly 12% of total annual greenhouse gas emissions.

This graphic from The LEAF Coalition takes a closer look at the impact deforestation has on global greenhouse gas emissions through carbon storage.

The Short and Long-Term Impacts

The devastating impact deforestation has on the environment cannot be understated. By some estimates, 30% of the globe’s carbon emissions are absorbed by forests each year. Yet 3.75 million hectares of tropical primary rainforest were lost in 2021, equating to 10 football pitches per minute.

However, the problem deforestation poses is actually two-fold—carbon stocks in the short-term and carbon sequestration in the long-run.

Forests have powerful carbon stocking capabilities. This refers to their ability to store carbon in biomass like their roots, trunks, and branches. Here’s how global carbon stocking by ecosystems compare:

EcosystemEstimated Carbon Stock (Gt)Annual Loss Rate
Tropical moist forests295 Gt0.45%
Boreal forests283 Gt0.18%
Temperate broadleaf forests133 Gt0.35%
Temperate (Read more...)

How Environmental Markets Advance Net Zero



Environmental Markets Part 1 of 3
ESG Data Part 2 of 3
Sustainability Indices Part 3 of 3

The following content is sponsored by ICE.

How Environmental Markets are Advancing Net Zero

How Environmental Markets Advance Net Zero

In 2021, roughly 20% of global carbon emissions were covered by carbon pricing mechanisms.

Meanwhile, the global price of carbon increased 91%, bolstered by government, corporate, and investor demand. This puts traditional fuel sources at a disadvantage, instead building the investment case for renewables.

This infographic from ICE, the first in a three part series on the ESG toolkit, explores how environmental markets work and their role in the fight against climate change.

What are Environmental Markets?

First, meeting a goal of net zero carbon emissions involves limiting the use of the world’s finite carbon budget to meet a 1.5°C pathway.

Achieving net zero requires us to:

  • Change how we utilize energy and transition to less carbon-intensive fuels
  • Put a value on the conservation of nature or “natural capital” and carbon sinks, which accumulate and store carbon

Environmental markets facilitate the pathway to net zero by valuing externalities, such as placing a cost on pollution and placing a price on carbon storage. This helps balance the carbon cycle to manage the carbon budget in the most cost-effective manner.

What Is the Carbon Budget?

To keep temperatures 1.5°C above pre-industrial levels, we have just 420 gigatonnes (Gt) of CO₂ remaining in the global carbon budget. At current rates, this remaining carbon budget is projected to be consumed by 2030 if no reductions are made.

Carbon Budget1.5°C1.7°C2.0°C
Remaining GtCO₂4207701270
Consumed GtCO₂ (Read more...)