Author: Forum Hemp

Forum to innovate and diversify the hemp industries.
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Decentralized Marketplace Startup for Hemp

Hemp is a versatile crop that has been used for centuries for various purposes. With the recent legalization of hemp in several countries, the demand for hemp-based products has surged. This has led to the emergence of several hemp markets, but these markets are still in their early stages, and they face several challenges. A decentralized marketplace startup for hemp could be a game-changer for the hemp industry. In this article, we will explore the current state of hemp markets, the concept of a decentralized marketplace, and how a startup is revolutionizing the hemp industry.

The Current State of Hemp Markets

The global hemp market size was valued at USD 4.71 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 15.8% from 2020 to 2027. Despite the growth potential, the hemp industry faces several challenges. One of the significant challenges faced by hemp farmers is the lack of reliable markets to sell their products. Most hemp markets are still in their early stages, and there is a lack of transparency in the pricing of hemp products.

What is a Decentralized Marketplace?

A decentralized marketplace is a platform that operates on a peer-to-peer network, allowing buyers and sellers to connect directly without intermediaries. It is a platform that operates autonomously, with no centralized authority or control. Decentralized marketplaces use blockchain technology to create a secure and transparent platform where buyers and sellers can conduct transactions without the need for intermediaries.

The Advantages of a Decentralized Hemp Marketplace

A decentralized marketplace for hemp has several advantages. Firstly, it provides a transparent and secure platform for hemp farmers to sell their products. Secondly, it eliminates the need for intermediaries, which reduces transaction costs and promotes fair pricing. Finally, a decentralized marketplace for hemp creates a global market for hemp products, allowing farmers to connect with buyers from all over the world.

How the Startup Works

The decentralized marketplace startup for hemp is a platform that connects hemp farmers directly with buyers. The platform uses blockchain technology to create a secure and transparent platform for transactions. Hemp farmers can list their products on the platform, and buyers can browse the listings and make purchases directly from the farmers.

Benefits for Hemp Farmers and Buyers

The decentralized marketplace startup for hemp provides several benefits for both hemp farmers and buyers. Hemp farmers can sell their products directly to buyers, eliminating the need for intermediaries and promoting fair pricing. Buyers can browse a global marketplace of hemp products and purchase products directly from farmers. The platform also provides a secure and transparent platform for transactions, ensuring that both buyers and sellers are protected.

Challenges and Solutions for Decentralized Marketplaces

One of the significant challenges faced by decentralized marketplaces is the lack of awareness and adoption. Many people are still unfamiliar with blockchain technology and decentralized marketplaces, which limits the potential user base. To overcome this challenge, the decentralized marketplace startup for hemp is working on educating people about the benefits of decentralized marketplaces and the use of blockchain technology.

Conclusion: The Future of Hemp Markets with Decentralized Marketplace Startup

The decentralized marketplace startup for hemp has the potential to revolutionize the hemp industry. It provides a transparent and secure platform for hemp farmers to sell their products and allows buyers to purchase products directly from farmers. The platform eliminates intermediaries, promoting fair pricing and reducing transaction costs. Although there are challenges to the adoption of decentralized marketplaces, the potential benefits make it a promising solution for the hemp industry.

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How Blockchain Can Help Hemp Industry

The hemp industry has long been plagued by a lack of transparency, making it difficult for consumers to determine the quality and origin of the products they purchase. However, with the advent of blockchain technology, this is beginning to change. Blockchain offers a secure and transparent way to track and verify the entire supply chain of hemp products, from seed to sale. In this article, we will explore how blockchain is boosting hemp transparency and transforming the industry.

How Blockchain Can Help Hemp Industry

The hemp industry faces many challenges, including a lack of transparency, regulatory uncertainty, and difficulty in establishing a consistent quality standard. Blockchain technology can help address these challenges by providing a tamper-proof record of every transaction along the supply chain. This creates a transparent and trustless system that allows consumers to see exactly where their products come from and how they were produced.

Advantages of Blockchain for Hemp Traceability

One of the key advantages of blockchain for hemp traceability is its ability to create an immutable record of every transaction. This means that once a transaction is recorded on the blockchain, it cannot be altered or deleted. As a result, every step of the supply chain can be verified, from the farm where the hemp was grown to the processing facility where it was turned into a finished product.

How Blockchain Can Ensure Hemp Quality

Another advantage of blockchain for the hemp industry is its ability to ensure product quality. By tracking every step of the supply chain, blockchain can verify that the hemp was grown and processed to a consistent quality standard. This helps to build trust between producers, processors, and consumers, and creates a more sustainable and profitable industry.

Importance of Transparency for Hemp Industry

Transparency is essential for building trust and confidence in the hemp industry. Consumers want to know where their products come from, how they were produced, and what standards were followed. By providing this information in a transparent and verifiable way, blockchain can help build a more sustainable and profitable industry.

Use Cases of Blockchain in Hemp Supply Chain

There are many use cases for blockchain in the hemp supply chain, including tracking the provenance of raw materials, verifying compliance with regulations, and ensuring consistent quality standards. Blockchain can also be used to create a more efficient and cost-effective supply chain, reducing waste and improving profitability.

Future of Hemp Industry with Blockchain Technology

The future of the hemp industry looks bright with the help of blockchain technology. As more producers, processors, and retailers adopt blockchain, we can expect to see a more transparent and efficient supply chain, with higher quality products and more satisfied customers. Blockchain has the potential to transform the hemp industry, making it more sustainable and profitable for all stakeholders.

In conclusion, blockchain is transforming the hemp industry by providing a secure and transparent way to track and verify every step of the supply chain. By boosting transparency and ensuring product quality, blockchain is helping to build a more sustainable and profitable industry. As the use of blockchain in the hemp industry becomes more widespread, we can expect to see a brighter future for this important and emerging industry.

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Tokenizing Hemp Production: An Introduction

With the increasing demand for hemp products worldwide, farmers require significant funding to meet the rising market demand. Tokenizing hemp production is a new method of raising capital for farmers to meet the requirements required to produce high-quality hemp products. Tokenization involves the conversion of tangible assets, in this case, hemp crops, into digital assets that can be traded on a blockchain platform. This article explores how tokenizing hemp production can benefit farmers, new funding opportunities, and the future of tokenized hemp production.

The Benefits of Tokenizing Hemp Production

Tokenizing hemp production provides numerous benefits to farmers. Firstly, it allows farmers to access funding with ease as investors can invest directly in hemp production without intermediaries such as agents, banks, or venture capitalists. Secondly, it provides a transparent and secure way of tracking the supply chain from the planting stage to the final product. Tokenization ensures that all transactions are recorded on a blockchain platform, thereby eliminating the possibility of fraud or mismanagement. Finally, tokenization eliminates the need for traditional fundraising methods, which are often slow, bureaucratic, and costly.

How Tokenizing Hemp Production Can Help Farmers

Tokenizing hemp production can help farmers in several ways. It offers an innovative way of raising capital, which is unrestricted by geographical boundaries, and it enables farmers to access a global market with ease. By tokenizing their hemp production, farmers can attract a diverse range of investors and raise funds without the need to give up equity or control of their farm. Tokenized hemp production also offers farmers an opportunity to grow their businesses sustainably and profitably while promoting environmental and social sustainability.

New Funding Opportunities for Hemp Farmers

Tokenizing hemp production offers farmers new funding opportunities, enabling them to raise capital from a diverse range of investors worldwide. Tokenization allows hemp farmers to access funding without relying on traditional funding methods, which are often slow or difficult to obtain. Tokenization provides farmers with a transparent, secure, and fair way of raising capital, which can help them to grow their business and meet the growing market demand for high-quality hemp products.

Why Investors are Interested in Tokenized Hemp Production

Tokenized hemp production offers investors a unique investment opportunity, providing them with a means of investing in high-quality hemp products, which are in high demand. Tokenization allows investors to invest in a transparent and secure manner, ensuring that farmers follow sustainable practices and meet regulatory requirements. Tokenized hemp production also provides investors with an opportunity to diversify their investment portfolio and attain higher returns.

The Future of Tokenized Hemp Production

The future of tokenized hemp production is bright, as it offers farmers and investors an alternative way of fundraising. Tokenized hemp production enables farmers to access funding quickly and efficiently, while investors can invest in high-quality hemp products with ease. This innovative way of raising capital is expected to become more popular as more farmers and investors become aware of the benefits of tokenization.

How to Participate in Tokenized Hemp Production

To participate in tokenized hemp production, farmers need to tokenize their hemp production by converting their tangible assets into digital assets that can be traded on a blockchain platform. Investors can participate by purchasing these digital assets through crowdfunding platforms or by investing directly in tokenized hemp production. Investors should conduct proper due diligence before investing and only invest in reputable and trustworthy projects.

Tokenizing Hemp Production for a Sustainable Future

Tokenizing hemp production offers a sustainable and innovative way of raising capital for farmers while providing investors with an opportunity to invest in high-quality hemp products. This new method of fundraising allows farmers to access funding quickly and efficiently, while investors can diversify their investment portfolio and attain higher returns. Tokenized hemp production is expected to become more popular in the future, promoting sustainable and environmentally friendly hemp production practices worldwide.

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The Blockchain of Hemp: Just a few of our ideas in production

Tokenizing hemp production: A Web3 startup could create a platform that allows hemp producers to tokenize their crop and sell ownership rights to investors. This would provide farmers with additional funding options while also allowing investors to participate in the booming hemp industry.

Supply chain transparency: Many consumers are interested in knowing where their hemp products come from and how they were produced. A Web3 startup could use blockchain technology to create a transparent supply chain for hemp products, allowing consumers to track the entire journey of their product from seed to sale.

Decentralized marketplace: A Web3 startup could create a decentralized marketplace for hemp products, allowing buyers and sellers to transact directly with each other without the need for a middleman. This would reduce transaction costs and improve the efficiency of the hemp market.

Hemp-based NFTs: Non-fungible tokens (NFTs) are a popular use case for Web3 technology. A Web3 startup could create hemp-based NFTs that represent ownership of specific hemp plants or batches of hemp products. These NFTs could be traded on blockchain-based marketplaces.

Smart contracts for hemp farming: Smart contracts are self-executing contracts with the terms of the agreement between buyer and seller being directly written into lines of code. A Web3 startup could create smart contracts for hemp farming, allowing farmers to automate the process of selling their crops and ensuring that all parties involved receive payment on time.

We will elaborate on each of them in our next posts. Thanks for foillowing.

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The Benefits of Hemp in Sustainable Innovation

Hemp has been utilized for various purposes for centuries, including paper, textiles, and building materials. However, recent innovations have uncovered the potential of this versatile plant in the field of sustainable innovation, particularly through 3D printing. By harnessing the power of hemp, we can create more environmentally friendly and cost-effective products while reducing the carbon footprint. In this article, we will explore the benefits and potential of hemp-based 3D printing in sustainable development.

Hemp: A Versatile and Environmentally Friendly Material

Hemp is a highly versatile material that can be used for various applications, including textiles, paper, and building materials. It is also one of the most environmentally friendly materials available, as it requires minimal water and pesticides to grow. Additionally, hemp absorbs carbon dioxide from the atmosphere, making it an ideal material for reducing carbon emissions. Hemp can also be grown in a variety of climates, making it a more accessible and sustainable resource compared to other materials.

The Revolutionary Potential of 3D Printing with Hemp

3D printing is a revolutionary technology that allows us to create intricate and complex designs using a variety of materials. By combining 3D printing technology with hemp, we can create sustainable and cost-effective products that are both durable and environmentally friendly. 3D printing allows us to create custom designs quickly and efficiently, reducing waste and improving efficiency. With the right equipment and technology, hemp-based 3D printing has the potential to revolutionize several industries, including automotive, aerospace, and fashion.

Applications of Hemp-Based 3D Printing in Various Industries

The potential applications of hemp-based 3D printing are virtually limitless. In the automotive industry, hemp-based 3D printing can be used to create lightweight and durable parts, reducing fuel consumption and emissions. In the aerospace industry, hemp-based 3D printing can be utilized to create lightweight and strong components, reducing the weight of aircraft and improving fuel efficiency. In the fashion industry, hemp-based 3D printing can be used to create sustainable and eco-friendly clothing and accessories, reducing the environmental impact of the industry.

Advantages of Hemp-Based 3D Printing for Sustainable Development

Hemp-based 3D printing offers several advantages for sustainable development. Firstly, it is a more environmentally friendly option compared to traditional manufacturing techniques, as it reduces waste and carbon emissions. Secondly, it is a more cost-effective option, as it reduces the need for expensive molds and tooling. Finally, it allows for greater customization and flexibility, allowing us to create unique and innovative designs. By harnessing the power of hemp-based 3D printing, we can create products that are both sustainable and economically viable.

The Future of Hemp-Based 3D Printing and Innovation===

In conclusion, hemp-based 3D printing offers a promising future for sustainable innovation. With its versatile and environmentally friendly properties, hemp has the potential to revolutionize several industries, while 3D printing allows for efficient and cost-effective manufacturing. As we continue to explore this technology, we can expect to see more innovative and sustainable products that are both economically viable and environmentally friendly. By harnessing the power of hemp-based 3D printing, we can create a more sustainable and equitable future for all.

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The Benefits of Hemp in Sustainable Innovation

Hemp has been utilized for various purposes for centuries, including paper, textiles, and building materials. However, recent innovations have uncovered the potential of this versatile plant in the field of sustainable innovation, particularly through 3D printing. By harnessing the power of hemp, we can create more environmentally friendly and cost-effective products while reducing the carbon footprint. In this article, we will explore the benefits and potential of hemp-based 3D printing in sustainable development.

Hemp: A Versatile and Environmentally Friendly Material

Hemp is a highly versatile material that can be used for various applications, including textiles, paper, and building materials. It is also one of the most environmentally friendly materials available, as it requires minimal water and pesticides to grow. Additionally, hemp absorbs carbon dioxide from the atmosphere, making it an ideal material for reducing carbon emissions. Hemp can also be grown in a variety of climates, making it a more accessible and sustainable resource compared to other materials.

The Revolutionary Potential of 3D Printing with Hemp

3D printing is a revolutionary technology that allows us to create intricate and complex designs using a variety of materials. By combining 3D printing technology with hemp, we can create sustainable and cost-effective products that are both durable and environmentally friendly. 3D printing allows us to create custom designs quickly and efficiently, reducing waste and improving efficiency. With the right equipment and technology, hemp-based 3D printing has the potential to revolutionize several industries, including automotive, aerospace, and fashion.

Applications of Hemp-Based 3D Printing in Various Industries

The potential applications of hemp-based 3D printing are virtually limitless. In the automotive industry, hemp-based 3D printing can be used to create lightweight and durable parts, reducing fuel consumption and emissions. In the aerospace industry, hemp-based 3D printing can be utilized to create lightweight and strong components, reducing the weight of aircraft and improving fuel efficiency. In the fashion industry, hemp-based 3D printing can be used to create sustainable and eco-friendly clothing and accessories, reducing the environmental impact of the industry.

Advantages of Hemp-Based 3D Printing for Sustainable Development

Hemp-based 3D printing offers several advantages for sustainable development. Firstly, it is a more environmentally friendly option compared to traditional manufacturing techniques, as it reduces waste and carbon emissions. Secondly, it is a more cost-effective option, as it reduces the need for expensive molds and tooling. Finally, it allows for greater customization and flexibility, allowing us to create unique and innovative designs. By harnessing the power of hemp-based 3D printing, we can create products that are both sustainable and economically viable.

The Future of Hemp-Based 3D Printing and Innovation

In conclusion, hemp-based 3D printing offers a promising future for sustainable innovation. With its versatile and environmentally friendly properties, hemp has the potential to revolutionize several industries, while 3D printing allows for efficient and cost-effective manufacturing. As we continue to explore this technology, we can expect to see more innovative and sustainable products that are both economically viable and environmentally friendly. By harnessing the power of hemp-based 3D printing, we can create a more sustainable and equitable future for all.

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High on Hemp: A Promising Future for the Economy!

Hemp is a versatile plant that has been used for centuries for various purposes. From textiles and paper to food and medicine, hemp has a wide range of applications. Recently, hemp has gained attention in the economy as a potential game-changer. Hemp cultivation and production have created a buzz in the market, and the industry is expected to grow in the coming years. In this article, we will explore the potential of hemp for a healthy economy and why it is the green gold that everyone is talking about.

The legalization of hemp in many countries has opened new opportunities for farmers and entrepreneurs. Hemp cultivation is a cost-effective and sustainable alternative to traditional crops. It requires less water, pesticides, and fertilizers, making it a more environmentally friendly option. Moreover, hemp has a short growth cycle and can be used for multiple purposes. This means that farmers can get multiple yields from a single crop, resulting in higher profits.

Apart from farming, the hemp industry has also created jobs in various sectors, including manufacturing, sales, and research. Hemp can be used to produce a wide range of products, from textiles and clothing to building materials and biofuels. The demand for these products is increasing, and so is the need for skilled workers. This has resulted in the creation of new jobs and the growth of the economy.

With its many applications, the hemp industry has the potential to generate revenue for the government. Hemp products are subject to taxes, and the industry can contribute to the country’s GDP. Moreover, hemp can also be used for medicinal purposes, and the pharmaceutical industry can benefit from its therapeutic properties. This can result in increased tax revenue and a boost to the economy.

Hemp: The Green Gold that’s Creating a Buzz in the Market!

The hemp industry is growing at a rapid pace, and investors are taking notice. Hemp companies are going public, and the market is showing a strong appetite for hemp-based products. From CBD oil to hemp-based clothing, the demand for these products is increasing, and so is the value of the industry. According to a report by Grand View Research, the global hemp market size was valued at $4.71 billion in 2019 and is expected to grow at a CAGR of 15.8% from 2020 to 2027.

The popularity of hemp-based products is not just limited to consumers. Businesses are also looking to incorporate hemp into their operations. Hemp can be used as a sustainable alternative to plastic, and companies are exploring ways to make hemp-based packaging. Hemp can also be used as a source of biofuel, and the transportation industry is looking to incorporate it into their operations.

The potential of hemp is not just limited to the economy. Hemp can have a positive impact on the environment as well. Hemp is a natural carbon sink and can be used to remove carbon dioxide from the atmosphere. Moreover, hemp cultivation can help prevent soil erosion and promote soil health. By promoting the growth of hemp, we can create a sustainable future for ourselves and the planet.

In conclusion, the hemp industry has the potential to create a healthy economy while promoting sustainability and environmental stewardship. With its versatility and wide range of applications, hemp is a valuable resource that should be explored further. As more countries legalize hemp cultivation, we can expect to see the industry grow even further. So, let’s embrace the buzzing buzz of hemp and create a brighter future for ourselves and the planet.

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How to buy Fantom(FTM)?

How To Buy Fantom

You can buy Fantom (FTM) on any of the exchanges listed on their respective pages. Here is our step-by-step demonstration on how to buy FTM on Binance.

1. Open Binance and log in to your account.

Create an account if you do not yet have one and pass the KYC verification to be able to buy and trade cryptocurrencies. Choose one of the circled options in the screenshot: buy crypto if you don’t have any cryptocurrencies in your account yet or trade if you want to swap another cryptocurrency for FTM.

2. Select FTM from the dropdown menu.

If you want to buy FTM with fiat currency, select one of the options from the dropdown menu. If you want to purchase with your credit card, select the option and proceed to the next menu, where you have to add your credit card information and pay.

3. Add a credit card and process the transaction.

If you want to swap another cryptocurrency for FTM, head to trade and select convert from the dropdown menu. You will see the following option, where you have to choose which coin you want to swap for FTM (in this case USDT).

Where To Buy Fantom (FTM)

You can buy FTM from different centralized exchanges and decentralized exchanges like Binance, FTX, Coinbase, Kraken, Huobi, Gemini, KuCoin, Bitfinex, Gate.io, SushiSwap, 1inch Exchange, Poloniex and others.

Fantom Wallets

There are several wallet options for the Fantom blockchain.

Fantom Wallet (fWallet)

The Fantom Wallet (fWallet) is Fatom’s official web-based wallet. You can send, receive, and stake FTM tokens and other tokens like wrapped FTM and staked FTM. It also supports ERC-20 and BEP-20 tokens.

Metamask

Metamask is the most popular web-based wallet. It serves the Fantom blockchain and other popular blockchains like Ethereum and BNB Chain. With Metamask, you can also buy, store, send, and swap FTM.

Coinbase Wallet

The Coinbase Wallet is the non-custodial wallet of the Coinbase exchange. It has the same functionality as the other wallets and also supports other blockchains.

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Why do World Heritage forests🌳release more carbon than they absorb?

  • Published on November 10, 2022
UNESCO

UNESCO

The first ever scientific assessment of the amounts of greenhouse gases emitted from and absorbed by forests in UNESCO World Heritage sites has found that forests in World Heritage sites play a vital role in mitigating climate change by absorbing 190 million tons of CO2 from the atmosphere each year. However, ten forests released more carbon than they sequestered due to pressure from human activity and climate change, which is alarming.

World Heritage forests absorb 190m tons of CO2 each year

By combining satellite-derived data with monitoring information at the site level, researchers at UNESCO, World Resources Institute (WRI) and the International Union for Conservation of Nature (IUCN) were able to estimate the gross and net carbon absorbed and emitted by UNESCO World Heritage forests between 2001 and 2020 and determine the causes of some emissions. 

The research found that, as a whole, UNESCO World Heritage forests in 257 separate sites, absorbed the equivalent of approximately 190 million tons of CO2 from the atmosphere each year, comparable to roughly half the United Kingdom’s annual CO2 emissions from fossil fuels.

We now have the most detailed picture to date of the vital role that forests in World Heritage sites play in mitigating climate change.

Tales Carvalho Resende, UNESCO World Heritage Centre, co-author of the report



 

World Heritage forests, whose combined area of 69 million hectares is roughly twice the size of Germany, are biodiversity-rich ecosystems. In addition to absorbing CO2 from the atmosphere they also store substantial amounts of carbon. Carbon sequestration by these forests over long periods has led to total carbon storage of approximately 13 billion tons of carbon, which is more than the carbon in Kuwait’s proven oil reserves. If all this stored carbon were to be released into the atmosphere as CO2, it would be akin to emitting 1.3 times the world’s total annual CO2 emissions from fossil fuels.

Findings from 10 World Heritage forests are cause for concern 

However, given that World Heritage sites are highly prized and protected, the fact that 10 of 257 forests emitted more carbon than they captured between 2001 and 2020 due to different anthropogenic disturbances and pressures is alarming.

At some sites the clearance of land for agriculture caused emissions to be greater than sequestration. The increasing scale and severity of wildfires, often linked to severe periods of drought, is also a predominant factor in several cases. Other extreme weather phenomena, such as hurricanes, contributed at certain sites. 

All forests should be assets in the fight against climate change. Our report’s finding that even some of the most iconic and best protected forests such as those found in World Heritage sites can actually contribute to climate change is alarming and brings to light evidence of the severity of this climate emergency.

Tales Carvalho Resende, UNESCO World Heritage Centre, co-author of the report

In the coming years, ongoing sequestration and carbon sinks are likely to be affected at a growing number of sites worldwide as a result of increasingly fragmented and degraded landscapes, and more frequent and intense climate-related events.  

Better management of sites can yield results 

The report urges strong and sustained protection of UNESCO World Heritage sites and their surrounding landscapes to ensure their forests can continue to act as strong carbon sinks and stores for future generations. To achieve this, the report recommends rapidly responding to climate-related events, as well as maintaining and strengthening ecological connectivity through improved landscape management.  

For example, in Indonesia, government agencies have been using near real-time fire alert systems to significantly reduce their average fire response time. Rapid response is integral to preventing fires from developing into destructive conflagrations that produce extensive CO2 emissions.

At the Sangha Trinational World Heritage site, located within Cameroon, the Central African Republic and the Republic of Congo, the creation of a buffer zone around the site has kept some human activity farther from this important carbon sink.

The report also recommends integrating the continued protection of UNESCO World Heritage sites into international, national and local climate, biodiversity and sustainable development strategies in line with the Paris climate agreement, the Post-2020 Global Biodiversity Framework and the Sustainable Development Goals. 

This analysis of iconic World Heritage sites shows that combining satellite data with on-the-ground information can improve local decision-making and strengthen accountability, thereby helping forests, climate, and people.

David Gibbs, WRI Research Associate and co-author of the report

Protecting World Heritage sites from increasing fragmentation and escalating threats will be central to our collective ability to address climate change and biodiversity loss.

Tim Badman, Director of IUCN’s World Heritage Programme

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