- Summary- Companies- Forest and Climate Leaders' Partnership holds first meeting- Includes Britain, Japan, Pakistan- Germany to double forest financing to 2 bln eurosSHARM EL-SHEIKH, Egypt, Nov 7 (Reuters) - More than 25 countries at the COP27 climate talks on Monday launched a group they said would ensure they hold each other accountable for a pledge to end deforestation by 2030 and announced billions of dollars to finance their efforts.Volkswagen Group (VOWG_p.DE) and H&M Group signed up to a separate initiative, The LEAF Coalition, launched at COP26, in which governments and companies pay countries with tropical and subtropical forests for emissions reductions.South Korea also agreed to be the first Asian government to provide finance for the coalition, joining founders Britain, Norway and the United States.A separate initiative by investors to push companies to eliminate deforestation by 2025 said that Swiss asset manager GAM Investments, UK pension manager London CIV, SouthBridge and Banco Estado de Chile had all joined the alliance.($1 = 1.0153 euros)Read more:EXPLAINER-A field guide to climate jargonFACTBOX-COP27 Major players at the U.N. climate talks in EgyptFor daily comprehensive coverage on COP27 in your inbox, sign up for the Reuters Sustainable Switch newsletter here:Our Standards: The Thomson Reuters Trust Principles."