Global Peatland Protection and Rewetting Compact
Establish a binding global compact to halt all new peatland drainage and rewet 50 million hectares of drained peatlands by 2040. The compact would create: a Peatland Protection Fund ($50 billion over 10 years); legally binding no-drain prov
Based on: Global Peatland Protection and Rewetting Compact1
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About This Project
Establish a binding global compact to halt all new peatland drainage and rewet 50 million hectares of drained peatlands by 2040. The compact would create: a Peatland Protection Fund ($50 billion over 10 years); legally binding no-drain provisions with international monitoring; paludiculture transition support for farmers and communities economically dependent on drained peatland agriculture; and carbon credit mechanisms enabling voluntary market financing of rewetting.
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First Step
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Clau469
Clau469
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