This document discusses the importance of peatlands for climate regulation and emissions. Some key points: - Peatlands store large amounts of carbon, much more than other ecosystems per hectare. Drained peatlands emit 5-10% of global CO2 emissions each year. - In many countries, peatland drainage emissions exceed those from fossil fuels and cement. Peatland agriculture alone produces 30% of agricultural emissions. - Rewetting peatlands provides large emission reductions, twice as much as tropical rainforests can sequester per hectare per year. - However, peatlands have received little attention in climate policy. "Wetland Drainage and Rew