Cutting greenhouse gas emissions: financial instruments to produce better or larger forest canopies
28.11.2019
Question for written answer E-004093/2019
to the Commission
Rule 138
Gianantonio Da Re (ID)
The European Union is committed to cutting greenhouse gas emissions to 40 % below 1990 levels by 2030. In December 2017, Parliament and the Council reached an agreement on preventing further emissions caused by deforestation. Under this agreement, each Member State is now required to offset changes in soil use by better managing or increasing their forest canopy. For all practical purposes, new forests should now offset deforestation.
Forests are an essential part of the ecosystem, with a pivotal role in fighting global climate change. According to the European Environment Agency, forests in the EU absorb the equivalent of 10.9 % of all the greenhouse gases emitted every year. In light of these facts, can the Commission answer the following:
What financial instruments will it introduce to support Member States in ensuring better management of their forests or increasing the number thereof?