Coalition for Rainforest Nations
Encyclopedia
The Coalition for Rainforest Nations (CfRN) is an intergovernmental organization established by forested tropical counties to collaboratively reconcile forest stewardship with economic development. The Rainforest Coalition aims to bring together both developing and industrialized nations for the purpose of creating community-driven, environmentally sustainable economic growth
Sustainable development
Sustainable development is a pattern of resource use, that aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but also for generations to come...

.

The primary strategy of the Coalition is to bring about the reform of international frameworks, both legal and economic, to correct market failure
Market failure
Market failure is a concept within economic theory wherein the allocation of goods and services by a free market is not efficient. That is, there exists another conceivable outcome where a market participant may be made better-off without making someone else worse-off...

s that result in unsustainable outcomes, and to create economic incentives for the preservation of areas of high biodiversity
Biodiversity
Biodiversity is the degree of variation of life forms within a given ecosystem, biome, or an entire planet. Biodiversity is a measure of the health of ecosystems. Biodiversity is in part a function of climate. In terrestrial habitats, tropical regions are typically rich whereas polar regions...

 and endemism worldwide. The Coalition supports the Forests Now Declaration
Forests Now Declaration
The Forests Now Declaration is a declaration that advocates using carbon credits to protect tropical forests. The Declaration was created by the Global Canopy Programme, and has been signed by over 200 NGOs, business leaders, scientists and conservationists...

 calling for changes in the Kyoto Protocol and other international carbon markets to include land use and forestry.

The Coalition has been instrumental in the establishment of the World Bank's Forest Carbon Partnership Facility and the United Nation's UN-REDD program. Further, based upon these efforts by the Coalition, various industrialized countries (including Norway, the UK, Germany, France, Japan, Australia, Finland, and others) have currently pledged around US$3.0 billion for capacity building and incentives to reduce rates of deforestation in participating developing countries.

At the request of Prime Minister Somare, the participating nations have agreed to base the Secretariat for the Coalition for Rainforest Nations at Columbia University
Columbia University
Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...

 in the City of New York. The CfRN was formed after a speech given on May 10, 2005, at Columbia University
Columbia University
Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...

 by Sir Michael Somare, the Prime Minister of Papua New Guinea
Papua New Guinea
Papua New Guinea , officially the Independent State of Papua New Guinea, is a country in Oceania, occupying the eastern half of the island of New Guinea and numerous offshore islands...

.

See also

  • Sustainable Development
    Sustainable development
    Sustainable development is a pattern of resource use, that aims to meet human needs while preserving the environment so that these needs can be met not only in the present, but also for generations to come...

  • Rainforest
    Rainforest
    Rainforests are forests characterized by high rainfall, with definitions based on a minimum normal annual rainfall of 1750-2000 mm...

  • Millennium Development Goals
    Millennium Development Goals
    The Millennium Development Goals are eight international development goals that all 193 United Nations member states and at least 23 international organizations have agreed to achieve by the year 2015...

  • Biodiversity
    Biodiversity
    Biodiversity is the degree of variation of life forms within a given ecosystem, biome, or an entire planet. Biodiversity is a measure of the health of ecosystems. Biodiversity is in part a function of climate. In terrestrial habitats, tropical regions are typically rich whereas polar regions...


External links

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