202. Future of Cerrado – Collective efforts to insure a Carbon positive, biodiverse, productive and profitable landscape: 11:00am – 12:30pm
News 10.09.19
Event time: 11:00am – 12:30pm
Location: Madison Hub South, Convene, 101 Park Avenue
Event organizer: Cerrado Working Group (GTC), Tropical Forest Alliance (TFA) with support from WWF.
This is your opportunity to take part in a collaborative discussion on how multi-stakeholder action at both the regional and global levels can insure the future of Cerrado, the world’s richest savannah.
This event will introduce and provide background information on unique opportunities to transform the Cerrado into a productive and profitable sustainable landscape. The event will allow to debate on the role the business community can play in protecting and developing sustainably the Cerrado.
Inputs will be sought on how broad sectoral agreements being developed by the Cerrado Working Group and partners, can be most successful.
A light lunch will be served at the conclusion of the event.
Why save the Cerrado?
Approximately the size of Western Europe, the Cerrado is the world’s oldest and most biodiverse savannah. It contains 5% of all species on earth. It also delivers 40% of all Brazil´s freshwater and stocks 13.7 billion tonnes of carbon, two thirds hidden underground. The Cerrado is home to unique traditional cultures, and is also one of the world´s largest and most active agriculture hubs.
Foundations of the Cerrado collaborative efforts
Since 2017, 136 global companies and investors have pledged to collaborate with local stakeholders to halt Cerrado conversion.
The Cerrado Working Group (Grupo de Trabalho do Cerrado – GTC) was established as a Brazilian multi-stakeholder platform responsible for agreeing terms and strategies to protect the Cerrado. GTC brings together the most influential traders (85% of the market share), civil society, consuming companies, banks and the government. It is, together with global partners from the retail, manufacture and finance sectors, actively developing concrete solutions for sustainable land use planning and concrete economic incentives for producers to insure a profitable and sustainable future, while becoming active partners in protecting the Cerrado.