• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
AFRIPOL

AFRIPOL

en English
ar Arabiczh-CN Chinese (Simplified)nl Dutchen Englishfr Frenchde Germanit Italianpt Portugueseru Russianes Spanish
  • Home
  • About Us
  • Mission Statement
  • Articles
  • Book Review
  • Archive
  • Contact Us

Prince Charles and Rainforest Fund

June 24, 2010 by Admin Leave a Comment

Protecting African ecosystem by swapping debt

Prince Charles of Wales a longtime advocate of rainforest protection has taken pragmatic steps by setting up an emergence rainforest fund with thirty five countries. The targeted goal is to put in $22 billion to up to $36 billion in the fund to save rainforest and reduce the raging deforestation rate especially in the poor countries.

This is a noble project and deserves the attention it received. The task of protecting rainforest cannot be left to poor countries in the southern hemisphere that lack the means and resources to stop the cutting down of tress. In the tropical rainforest the forest have become source of energy for domestic consumption. Tresses are cut down to be used as fire woods for cooking, medicine and nutrition. While governments cut down tresses for export in order to generate foreign currency.

This fund can play a vital role to save the Africa’s ecosystem but Prince Charles and the fund managers have to be creative in disbursing the money. African debt cancellation can become the tool to save the forest in the region. The Rainforest Fund can promise and implement debt reduction scheme: Outright debt cancellation when African countries are willing to implement the requisite criteria to save the forest. Simply swapping debt for forest protection can help to curtail rate of deforestation in Africa.

“In Africa today, tropical forests and rangelands are under threat from population pressures and systems of land use. Generally apparent effects of these threats include loss of biodiversity, rapid deterioration in land cover, and depletion of water availability through destruction of catchments and aquifers. Changes in climate will interact with these underlying changes in the environment, adding further stresses to a deteriorating situation. A sustained increase in mean ambient temperatures beyond 1EC would cause significant changes in forest and rangeland cover; species distribution, composition, and migration patterns; and biome distribution.”

In this trouble time of global warming and climate change, forest can aid in the reduction of carbon dioxide, the culpable greenhouse emission gas that contributes to global warming. During photosynthesis which is the process for plant to manufacture food, the carbon dioxide is taken in and oxygen is given out. Therefore the excessive carbon dioxide in the atmosphere can be reduced and global warming can be controlled. It is important to save the forest and have enough of it to make an impact on the reduction of carbon dioxide and global warming.

The 25% goal of reducing the destruction of tropical rainforest by 2015 is plausible when African forest is protected because “deforestation is responsible for almost 20% of global carbon emission.”

Task of contributing such a large amount of money for the Rainforest Fund can be difficult with the global economic recession but it is imperative that destructive effects of global warming must be slowed down before it becomes irreversible and irrecoverable.

Filed Under: Archive

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

More to See

 “I have no issues with Tinubu” – Peter Obi (video)

March 13, 2023 By AFRIPOL

Tunisian leader to ECOWAS chairman: “I am a proud African” (see videos)

March 11, 2023 By AFRIPOL

RSS AllAfrica News: Latest

  • Africa: A Liveable Future for All is Possible, if We Take Urgent Climate Action: Flagship UN Report #AfricaClimateHope
    [UN News] A major UN "report of reports" from the authoritative Intergovernmental Panel on Climate Change (IPCC), outlines the many options that can be taken now, to reduce greenhouse gas emissions and adapt to human-caused climate change.
  • Mauritius: World Water Day 2023 - a New Water Resources Bill Will Soon Be Introduced in the Parliament, States the Minister
    [Government of Mauritius] A new water resources bill, taking into consideration, the water requirement of the country and the development of the water sector within a well-defined legal framework for the mobilisation, management, development and conservation of water resources in Mauritius will soon be introduced in the parliament, stated the Minister of Energy and Public […]
  • Namibia: Farmers Urge Removal of Dumped Manganese
    [Namibian] FARMERS in the Goageb area of the //Kharas region urge authorities to urgently remove the manganese reportedly dumped in the vicinity of farm Brakwater.
  • Tanzania: Tanzania, India Trade Volume Notches Using Own Currencies
    [Daily News] Arusha -- TRADE volume between Tanzania and India stands at 4.5billion US dollars (about10.4tri/-) by early March this year as the two countries agreed to use their own currencies while doing trade.
  • Tanzania: Suluhu Hassan Hailed for Lifting Up Port Sector
    [Daily News] Kigoma -- PORT stakeholders in Kigoma Region have extolled President Samia Suluhu Hassan for lifting up the port sector and boosting shipping and trade during the first two years of her presidency.
  • East Africa: EAC Set to Resume Political Confederation Consultation
    [Daily News] Arusha -- EAST African partner states are set to resume national consultations for the drafting of the Constitution of the regional political confederation.

Tags

Achebe Africa Anambra Boko Haram Buhari CBN Corona Virus Egypt Igbo IMF Inflation Jonathan Kenya Nigeria Okonjo Iweala Peter Obi Sanusi Senate Soludo South Africa Soyinka United States
  • Facebook
  • Instagram
  • Twitter
  • YouTube

Archives

Footer

Africa Political and Economic Strategic Center, AFRIPOL is foremost a public policy center whose fundamental objective is to broaden the parameters of public policy debates in Africa. To advocate, promote and encourage free enterprise, democracy, sustainable green environment, human rights, conflict resolutions, transparency and probity in Africa.

Recent

  • Peter Obi replies Senator Nnamani who claims that he divided Nigeria
  • U.S. EMBASSY AND CONSULATE IN NIGERIA ISSUES PRESS STATEMENT ON GOVERNORSHIP ELECTION 2023
  • It’s my turn to be Senate President, Kalu declares – Punch News
  • Ghana and Côte d’Ivoire have Declared war on the Global chocolate industry over cocoa prices (video)
  • (video) I Will Never Call And Congratulate Sanwo-Olu For This Sham Of An Election – Gbadebo Rhodes-Vivour

Search

Tags

Achebe Africa Anambra Boko Haram Buhari CBN Corona Virus Egypt Igbo IMF Inflation Jonathan Kenya Nigeria Okonjo Iweala Peter Obi Sanusi Senate Soludo South Africa Soyinka United States

Copyright © 2023 · AFRIPOL