No end in sight for deforestation, as national goals and funding fall short

KUALA LUMPUR, Oct 12 (Thomson Reuters Foundation): Countries are spending only a fraction of the nearly US$500 billion needed each year to stop tree loss and restore forests worldwide to help meet climate and nature goals, researchers warned on Tuesday.

An annual report on the 2014 New York Declaration on Forests - backed by more than 200 countries, firms and green groups - found the sustained reductions in forest loss needed to meet its 2030 target to end deforestation are highly unlikely near-term.