EcoPlanet Bamboo Joins Initiative 20x20
1st September 2015
EcoPlanet Bamboo has joined Initiative 20x20 - A country led initiative to restore 20 million hectares of degraded land in Latin America and the Caribbean by 2020.
In recent years, more than 40 percent (650 million hectares) of forests in Latin America and the Caribbean have been completely deforested or degraded. Latin America and the Caribbean contain some of the most ecologically valuable forest ecosystems in the world, but in recent history 20% of forest lands (nearly 350 mha) have been completely deforested and a further 20% (300 mha) badly degraded. The drivers of this change include large-scale and small-scale agricultural, infrastructure, mining.
The World Resources Institute (WRI), is working to increase the flow of finance for the restoration efforts needed to bring about restoration and the landscape scale, and meet the 20 million hectare target.
EcoPlanet Bamboo works only on degraded land, and to date has deployed more than US$60 million to the restoration of approximately 4,000 hectares of cleared, compacted land on Nicaragua's Atlantic coast. Protecting remaining natural forest, while reconnecting remnant patches and providing an economically viable alternative fiber for wood and timber manufacturing industries globally, EcoPlanet Bamboo's company culture, mission and vision complements the various aspects of Initiative 20x20. The Initiative reognizes that reforestation (natural and assisted), conservation of forests and the avoided deforestation are all important elements of an integral restoration process.
EcoPlanet Bamboo has previously made commitments to IUCN's Bonn Challenge which complements Initiatve 20x20, and is commited to working with the World Resources Institute, the Government of Nicaragua, and other host countries to contribute to these critical developments.
< Back to news < Download article