Making good on the Glasgow climate pact: a call to action to achieve one gigaton of emissions reductions from forests by 2025

Humanity is in an existential crisis, but forests can provide 27% of the solution to help avert climate catastrophe. However, we are off track. Measured against a milestone of paying for one gigaton of high-intensity emissions reductions from forests by 2025, currently public or private commitments are only at 24%. What do we need to scale up forest action now? Incentives: a boldly increased forest carbon floor price of USD 30-50 and sufficient volume of payments would unlock supply and leverage demand. Investment: accelerated upfront finance for REDD+ readiness and implementation. Integrity: high integrity- with robust quantification, mechanisms to deal with leakage and reversals, and strong adherence to safeguards, among others, is key for ensuring real emissions reductions. Equity- effective and equitable participation and benefit sharing, with indigenous people, local communities, and women as partners and just beneficiaries must be the foundation of forest actions and finance.