A tropical forest fund is shaping up to be the flagship project from the COP30 summit in Brazil touted as a ‘once-in-a-generation’ initiative for forest conservation.
But it doesn’t extend to native hard and softwood forests where Australia remains among the world’s worst for deforestation risking the country’s climate goals.
Zero point Zero five per cent of native forest is currently logged, according to federal government figures.
SBS News is Australia’s trusted news source for the latest news from Australia and across the world.
Subscribe to the SBS News YouTube channel: https://www.youtube.com/@SBSNews
Follow SBS News on Instagram: https://www.instagram.com/sbsnews_au
Follow SBS News on TikTok: https://www.tiktok.com/@sbsnews_au
Follow SBS News on X: https://www.twitter.com/SBSNews
Follow SBS News on Facebook: https://www.facebook.com/sbsnews
Apple News: https://trib.al/MTx0gUe
For the latest news, visit www.sbs.com.au/news
Network Terms & Conditions: https://sbs.com.au/terms
Privacy Policy: https://sbs.com.au/privacy
Feedback or complaints: https://sbs.com.au/complaints
