LEAF Coalition: UPSC Daily Important Topic | 21 March 2022

LEAF Coalition:

✅It is a collective of the governments of the USA, United Kingdom and Norway.

✅As it is a public-private effort, thus also supported by transnational corporations (TNCs) like Unilever plc, Amazon. Nestle, Airbnb etc.

✅A country willing to participate would need to fulfil certain predetermined conditions laid down by the Coalition

✅LEAF coalition will be one of the largest ever public-private efforts to protect tropical forests and intend to mobilize at least USD 1 billion in financing to countries committed to protecting their tropical forests.