Australia To Plant 1 Billion Trees To Help Meet Climate Targets
Australia aims to plant a billion trees by 2050 as part of a new forestry plan the government says will help the country meet its Paris Agreement climate targets. Australia has the seventh-largest forested area in the world covering 17 per cent of its land area, according to the government's 2018 State of the Forests report.Morrison has said Australia will comfortably meet its Paris-agreed goal to reduce carbon emissions by 26 to 28 per cent of 2005 levels by 2030, but has no specific policies in place to get there. The importance of coal to the Australian economy is an obstacle to serious efforts to lower carbon emissions, environmentalists say. The country still gets around two-thirds of its power from the fuel, which is also its biggest export earner.
With the President of the United States, Donald Trump, deeming climate change a “hoax”, it becomes imperative that the other nations of the world do not shy away from their commitments in battling climate change. Australia, a country which has seen the worst effects of climate change with the current summer recording mind-boggling temperatures, has vowed to fight global climate change by pledging to plant a billion trees by 2050.
A new forestry plan by the Regional Forestry Hubs (RFH) — keeping up with the targets envisioned in the Paris Climate Agreement — seeks to plant a billion trees in the next three decades, with Prime Minister Scott Morrison saying that the RFH would also support jobs in a sector that contributes more than A$23 billion to the national economy.
Australia currently produces 500 million tonnes of CO2-equivalent per year, with recent reports suggesting that some of the country’s biggest companies are ignoring the calls from regulators and investors to do more to mitigate the risks of climate change. Although the top 100 companies in Australia are failing to acknowledge climate change as a veritable business risk, the Australian leadership is taking steps to cut the emission of greenhouse gases significantly.
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