Montreal: The International Union for Conservation of Nature (IUCN) has published its first Restoration Barometer report, documenting that investments of $26 billion across 18 countries have brought 14 million hectare of degraded landscapes — an area about the size of Greece — under restoration.
The report details how 18 countries are using the Restoration Barometer tool to track progress on their restoration commitments under global agreements, which total 48 million hectare by 2030.
It shows that restoration activities are currently ongoing in a total of 14 million hectare, thanks to a cumulative investment of $26 billion from public and private sources. It also highlights the various benefits these restoration efforts bring for conservation and sustainable development.
Detailed case studies in the report — example on Mozambique’s National Mangrove Strategy; satellite use in Guatemala; and endangered species protection in Mexico — also reveal that through restoration efforts in these 18 countries, 12 million jobs were created and more than 145 million tonnes of carbon were sequestered in 2022.
Endorsed by more than 50 governments, the Restoration Barometer was developed by IUCN with the support of the German Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection.
It is the only tool that is already being used by governments to track restoration and its benefits across all terrestrial ecosystems, including coastal and inland waters, and report on their commitments against global frameworks such as the UN Decade on Ecosystem Restoration, Bonn Challenge, Paris Agreement or 1t.org.
It will also allow countries to track progress against restoration commitments under the forthcoming post-2020 Global Biodiversity Framework targets leaders will set at COP15.
“As countries commit to ecosystem restoration, like Canada did today through its ambitious Bonn Challenge pledge, the Restoration Barometer tool enables them to build a comprehensive picture of their progress, helping them to identify what is working, where and how, which leads to more impactful action and better targeted investments. This means restoration efforts can not only be maximised but fully sustained during this critical decade to save our natural world,” says Carole Saint-Laurent, Head of IUCN’s Forests and Grasslands Team.
Using the Restoration Barometer tool, countries record their restoration policies, modes of planning, monitoring systems and funding structures that make their efforts possible and ensure they will continue.
They can then track the sizes of the areas under restoration, plus the corresponding climate, biodiversity and socio-economic benefits that result from the restoration programmes being implemented.
Next year, the Barometer will be further extended to include restoration efforts in kelp, seagrasses and shallow reefs, allowing users to report from ridge to reef.
Looking ahead, the Restoration Barometer will also be made available for use by companies seeking to set and track restoration targets; 34 companies are currently piloting the tool in collaboration with the World Economic Forum and 1t.org.
Next year, this new application will go live on the Restoration Barometer website, opening up opportunities for the private sector to transparently monitor company-wide restoration commitments.
–IANS
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