What is in news : LEAF (Lowering Emissions by Accelerating Forest Finance) Coalition was announced at the Leaders’ Summit on Climate, 2021.

Details :

• Collective of the governments of the USA, United Kingdom and Norway.
• Will be one of the largest ever public-private efforts to protect tropical forests and intend to mobilize at least USD 1 billion in financing to countries committed to protecting their tropical forests.
• Weighs on work by the Environmental Défense Fund over two decades, in collaboration with Indigenous communities, forest peoples, Brazilian and US NGOs, and other partners, to protect the Amazon and tropical forests globally.
• Performance will be measured against the TREES Standard (The REDD+ Environmental Excellence Standard)