(CNN) – Leaders representing more than 85% of the world’s forests on Tuesday pledged to end deforestation and deforestation by 2030, according to the British government.
Countries that are part of the treaty include Canada, Russia, Brazil, Colombia, Indonesia and the Democratic Republic of the Congo.
Deforestation and deforestation account for about 11% of the world’s carbon emissions.
The leaders will announce at the climate conference COP26, And 5. 5.3 billion (US $ 7.2 billion) in public investment as well as 8. 8.75 billion (US $ 12 billion) in public funds to protect and restore forests.
“Today in COP26, the leaders have signed a historic agreement to protect and restore the earth’s forests,” Johnson said in a statement. “These great overflowing ecosystems – these cathedrals of nature – are the lungs of our planet. Forests support communities, livelihoods and food, and absorb the carbon we pay into the atmosphere. They are essential for our own survival.”
“With today’s unprecedented commitments, we will have the opportunity to end nature’s long history as a conqueror of nature and become its protector.”