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Now, other countries are trying to follow Brazil's lead in the war on tropical deforestation.
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About half of global tropical deforestation is driven by beef, soy, palm, and paper and pulp.
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The simple truth is that without a solution to tropical deforestation, there is no solution to climate change.
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Currently tropical deforestation and forest degradation account for about 10% of the world's carbon emissions annually.
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One reason is that tropical deforestation has become more devastatingly efficient, notes geographer Douglas Morton of NASA's Goddard Space Flight Center.
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Agricultural products - including beef and paper - account for over two thirds of tropical deforestation worldwide, said the Global Canopy Programme.
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That is why I established a Rainforests Project to try to promote a consensus on how tropical deforestation might be significantly reduced.
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Palm oil, one of the world's most widely used vegetable oils, is a fast-growing business and a major cause of tropical deforestation worldwide.
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Tropical deforestation accounts for a fifth of greenhouse gas emissions from human activities.
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Tropical deforestation accounts for about 15 percent of global climate changing carbon pollution, the GCF said in a statement.
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- Tropical deforestation contributes 20 percent of global carbon emissions.