Combatting Global Deforestation Act of 2024

International Affairs

house

senate

president

Introduced on September 27, 2024 by Steny Hamilton Hoyer

Legislation Details

Establishes a Verified International Forest Ecosystem Services Conservation Program to combat global deforestation and enhance terrestrial ecosystem services.
Aims to provide international technical assistance for developing markets related to ecosystem services.
Recognizes the critical role of forests in ecological health, biodiversity, and community benefits.
Highlights significant forest loss due to human activities, particularly in specific countries.
Defines key terms related to deforestation, emissions reductions, and eligible projects.
Mandates the Secretary of State to develop criteria and guidelines for program implementation.
Focuses on halting ecosystem degradation, increasing restoration efforts, and providing outcome-oriented assistance to partner developing countries.
Requires measurable results and independent verification for assistance to be granted.
Encourages partnerships with local governments, indigenous communities, and private entities for project implementation.
Establishes a trust fund for financing the program, with specific appropriations for multiple fiscal years.
Includes provisions for technical assistance to improve conservation and management of natural resources in partner countries.
Emphasizes the importance of transparency, accountability, and the involvement of local stakeholders in project development and implementation.

Last updated 12/17/2024

Establishes a Verified International Forest Ecosystem Services Conservation Program to combat global deforestation and enhance terrestrial ecosystem services.
Aims to provide international technical assistance for developing markets related to ecosystem services.
Recognizes the critical role of forests in ecological health, biodiversity, and community benefits.
Highlights significant forest loss due to human activities, particularly in specific countries.
Defines key terms related to deforestation, emissions reductions, and eligible projects.
Mandates the Secretary of State to develop criteria and guidelines for program implementation.
Focuses on halting ecosystem degradation, increasing restoration efforts, and providing outcome-oriented assistance to partner developing countries.
Requires measurable results and independent verification for assistance to be granted.
Encourages partnerships with local governments, indigenous communities, and private entities for project implementation.
Establishes a trust fund for financing the program, with specific appropriations for multiple fiscal years.
Includes provisions for technical assistance to improve conservation and management of natural resources in partner countries.
Emphasizes the importance of transparency, accountability, and the involvement of local stakeholders in project development and implementation.