“As the world prepares to deliver a binding climate agreement in Paris by 2015, restoration will be absolutely essential for countries to hit their emissions targets, while also delivering huge benefits for the rural poor. Through their leadership in Initiative 20x20, these countries will have a tremendous head start,” said Dr. Andrew Steer, President and CEO, WRI.
“CIAT has understood for a long time the pivotal linkage between agriculture and climate change. We are committed to support Initiative 20x20 as a cost effective approach to reduce GHG emissions while promoting improved soil quality, nutrient retention and agricultural yields,” indicated Ruben Echevarria, Director General, CIAT.
“Initiative 20x20 can be an important contribution to the global restoration goals outlined under the Bonn Challenge and the New York Declaration on Forests,” added Grethel Aguilar, IUCN coordinator in Central America.
“The mosaic approach in Initiative 20x20, or what we call ‘climate smart territories’, will allow countries to target improvements in rural incomes and food security, as well as to protect natural forests and grasslands so critical to our sustainable future,” said Jose Joaquin Campos, Director General, CATIE.
“Land restoration in the region is an essential element to promote equity, poverty reduction, alternatives for development in poor rural areas as well as a mechanism to achieve a low carbon, more resilient future,” said Minister of Environment Gabriel Vallejo, Colombia.
“Althelia is deploying capital in support of a portfolio of projects in the region to improve agricultural practices, restore degraded lands, and reduce pressure on natural ecosystems, with concrete results in emissions reductions, zero-net deforestation commodities, biodiversity, and livelihoods," said Christian del Valle, CEO, Althelia Climate.
Main activities of Initiative 20X20
Inspire national commitments to restoration by engaging in a robust dialogue with Ministers of Agriculture and Environment in the region;
Make the economic case by assessing the societal benefits from restoration and avoided deforestation; and
Establish a financial mechanism that allows private sector impact investors to fund restoration projects
49% of greenhouse gas emissions in Latin America and the Caribbean in 2012 resulted from forestry, land-use change, and agriculture.
Latin America and the Caribbean account for about half of the world’s remaining tropical and southern temperate forests.
Agriculture in Latin America and the Caribbean expanded onto an additional 36 million hectares since 2000. This expansion came at the expense of forests and natural landscapes.
Land-use activities like agriculture, animal husbandry, and forestry contribute 5 percent of the region’s GDP and about 14 percent of its employment.
Land restoration can increase food productivity and security for an estimated 49 million under-nourished people in Latin America and the Caribbean.