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Related Experiment Video

Updated: Sep 16, 2025

Author Spotlight: On-Site Biochar Production for Woody Debris Incineration in Forestry

Author Spotlight: On-Site Biochar Production for Woody Debris Incineration in Forestry

Published on: January 5, 2024

Targeting climate finance for global forests.

Kemen G Austin^1,2, Alice Favero³, Nicklas Forsell⁴

¹RTI International, Center for Applied Economics and Strategy, 3040 E Cornwallis Rd, Durham, NC, USA. kemen.austin@tnc.org.

Nature Communications

|July 11, 2025

Summary

This summary is machine-generated.

Meeting forest-based climate mitigation targets requires significant investment, but global coordination can double mitigation efforts at no extra cost. This optimizes climate finance for greater impact.

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Simulating Impacts of Ice Storms on Forest Ecosystems

Simulating Impacts of Ice Storms on Forest Ecosystems

Published on: June 30, 2020

Area of Science:

Environmental Science
Climate Change Economics
Forestry Management

Background:

Effective climate finance allocation requires comprehensive data on mitigation costs across sectors and regions.
Nationally Determined Contributions (NDCs) outline regional forest-based mitigation targets, but their cost-effectiveness varies.
Current commitments may not fully leverage regions with low-cost mitigation potential.

Purpose of the Study:

To estimate the financial investment needed to achieve regional forest-based mitigation targets derived from NDCs.
To analyze the potential for increased mitigation through global coordination of climate finance.
To inform future climate finance strategies and the development of enhanced NDCs.

Main Methods:

Estimating finance required for regional forest-based mitigation targets aggregated from NDCs.
Analyzing mitigation costs and potential under different carbon price scenarios (below $100/tonne CO2).
Modeling a global coordination scenario for optimal finance allocation and mitigation delivery.

Main Results:

Regions holding 70% of global forest carbon can meet their NDCs with carbon prices under $100/tonne CO2.
Annual investment of $20-72 billion is projected to be required by 2030 to meet regional targets.
A global coordination scenario could double 2030 mitigation compared to the NDC scenario at the same financial cost.

Conclusions:

Significant cost-effective forest mitigation potential exists beyond current national commitments.
Global coordination of climate finance can substantially enhance mitigation efficiency and scale.
Optimizing finance distribution based on cost-effectiveness is crucial for achieving ambitious climate goals and informing future NDCs.