Leaf Coalition
LEAF is a public-private coalition that mobilises finance to help halt tropical deforestation. It is coordinated by Emergent, a not-for-profit organisation. PwC has purchased jurisdictional REDD+ credits from Ghana for FY24 through a deal announced in December 2023, with credits pending issuance later this year. For the past few decades, unsustainable logging and mining, infrastructure development, and cocoa farming expansion have continuously shrunk Ghana’s natural forest cover. The government is currently confronting these challenges through aggressive afforestation programs, aiming to simultaneously reclaim degraded lands and funnel direct financial benefits to sustainable, local land management approaches. The LEAF Coalition uses the independent ART TREES standard, which specifies requirements for the quantification, monitoring, reporting and verification of GHG emission reductions and removals from REDD+ activities at a large jurisdictional scale. In line with the Cancun Safeguards, ART TREES upholds the right of Indigenous stakeholders to participate in the design and implemenation of REDD+ actions.