Investment in Sustainable Landscape Management
A session by Asia Pacific Rainforest Recovery Partnership and Belantara Foundation
Date : Tuesday, 8 November 2016
Time : 10.40 – 12.00 GMT
Venue : Indonesia Pavilion at COP22, Marrakech, Morocco
At the Asia Pacific Rainforest Summit 2016 in Brunei in August the participants agreed that rainforest restoration is not the sole responsibility of the government as everybody in the society has a stake in forest conservation and protection.
Meeting national commitments under the Paris Agreement, and reducing deforestation and degradation of rainforest, can only be achieved through strong leadership and partnership between all stakeholders as well as a clear financial mechanism that covers the costs associated with protecting forests and at the same time rewarding investment in efforts to reduce deforestation and undertake forest conservation and restoration.
There are a number of key challenges that we need to resolve if we want to make the Paris agreement a reality and arrest deforestation: How do we incentivise the businesses when participation in the carbon market is voluntary and carbon prices are low. How do we monitor progress, what baseline are we working from? And most importantly, how can we organise finance mechanisms so that the cash actually reaches the smallholder and the forest?
We see great advantages to following a jurisdictional approach as an example, in part because of the range of actors that it brings together to work collaboratively on land use planning across sectors and objectives.
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