Daily Digest for

FAO and the Green Climate Fund are implementing the Colombia REDD+ project (Vision Amazonia) to curb deforestation and promote sustainable land management in Colombia’s Amazon biome region. The project has secured $28.2 million in Results-based Payment and runs until 2026, helping local communities transition from destructive practices to sustainable agroforestry and silvopastoral systems.

At COP29 in Baku, over 1,000 governments, companies, civil society organizations and other stakeholders have endorsed the COP29 Declaration on Green Digital Action to leverage digital technologies for climate action while reducing tech’s carbon footprint. The International Telecommunications Union (ITU) has organized the first-ever ‘Digitalisation Day’ at a UN climate conference, focusing on using AI and digital technologies for climate monitoring, early warning systems, and climate adaptation/mitigation while addressing growing energy consumption and e-waste challenges.

COP29 in Baku, Azerbaijan focuses on establishing a new global climate finance target beyond the previous $100 billion pledge, with developing countries pushing for funding in the trillions per year. The conference has achieved an early breakthrough with the adoption of Article 6 of the Paris Agreement, establishing a UN-backed global carbon market to facilitate carbon credit trading.