Speaking at the Nagoya conference in Japan, Caroline Spelman announced the funding commitment which has arisen from the £2.9 bn international climate finance announced in last week’s Comprehensive Spending Review, as the UK’s contribution to the REDD+ programme (Reducing Emissions from Deforestation and Forest Degradation).
The money will be used to help fund projects to tackle the fragmentation and degradation of forests in a bid reduce the destruction of habitats and loss of plants and animals.
Speaking at the conference today, Spelman said: "Tackling deforestation is critical if we are to be successful in our goals to protect biodiversity, tackle climate change and reduce global poverty.
"Forests are home to over half of the world’s plants and animals, and support the livelihoods of over one billion people, while deforestation accounts for almost a fifth of global greenhouse gas emissions.
"With so much at stake, the UK Government believes it’s time to establish a substantial and longstanding financial commitment to REDD+ to protect the world’s forests and the plants and animals that live in them."