We observe the definitions provided by the Accountability Framework Initiative: • Deforestation: Loss of natural forest as a result of conversion to agriculture or other non-forest land use, conversion to a plantation, or severe or sustained degradation. • Degradation: Changes within a natural ecosystem that significantly and negatively affect its species composition, structure, and/or function and reduce the ecosystem’s capacity to supply products, support biodiversity, and/or deliver ecosystem services. • Conversion: Change of a natural ecosystem to another land use or profound change in the natural ecosystem’s species composition, structure, or function. • High Conservation Value (HCV) areas: Areas of critical importance at the local level or with outstanding significance at the national, regional, or global level. The HCV approach includes a set of criteria that focuses on the six categories of high conservation value: species diversity, landscape level ecosystems, ecosystems and habitats, ecosystem services, community needs, and cultural values. HCV Network • High Carbon Stock (HCS): The amount of carbon and biodiversity stored within an area of land varies according to the type of vegetative cover. The HCS approach distinguishes forest areas for protection from degraded lands that may be developed by assessing the vegetation using satellite data and ground survey measurements. The approach also respects local community rights, community land use and livelihoods through Free Prior and Informed Consent (FPIC) procedures. The High Carbon Stock Approach | High Carbon Stock Approach Imported Deforestation Europe is importing deforestation-risk commodities. Up to 16% of tropical deforestation is linked to EU imports5. The EU is the second biggest importer of tropical deforestation globally, surpassed only by China. The commodities accounting for the largest amount of tropical deforestation globally are soy, palm oil, beef, wood-based products, cocoa, and coffee. In addition to deforestation, demand for these commodities is also driving conversion of other ecosystems such as grasslands and wetlands. We are aware of our influence in those markets and want to use it to contribute to a positive change. 5 EU consumption responsible for 16% of tropical deforestation linked to international trade - new report | WWF Page 3
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