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Making the most of available finance for Forest and Landscape Restoration

FAO support to attract financing for forest and landscape restoration

Year of publication 2021

Place of publication Rome, Italy ;

Pages 1

Author Christophe Besacier, Mathilde Iweins, Caterina Marchetta

Publisher FAO ;

Product type Poster, banner

Edition 1

Synopsis (short abstract) Significant investment is required to meet international restoration targets. Such investments often exceed national budgets and therefore responsible and coordinated investments are needed. The FAO Forest and Landscape Restoration Mechanism (FLRM) has been working with in-country partners to provide diverse support for partner financing needs and to develop innovative financing mechanisms to sustainably fund the implementation of restoration activities on the ground. This poster provides a range of diverse financial mechanisms that leverage financial support for the implementation of restoration activities.

Language English

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    Making the most of available finance for forest and landscape restoration
    XV World Forestry Congress, 2-6 May 2022
    2022
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    To achieve ambitious international forest and landscape restoration (FLR) targets, significant investment is required. Annually, more than USD 36 billion is needed to meet the Bonn Challenge and USD 318 billion to reach land degradation neutrality.
    FAO FLRM has been working with in-country partners to provide diverse support for partner financing needs and to develop innovative financing mechanisms to sustainably fund the implementation of restoration activities on the ground. These activities include:

    (i) Capacity building through physical trainings (green finance and the development of bankable projects, ecosystem services valuation, etc.), an active Community of Practice (CoP) for Local Finance for Forest and Landscape Restoration and 3 e-learning courses dedicated to Finance
    (ii) Supporting the development of financial plans for FLR implementation to access diverse sources of funding. The plans include for example value chain development, market-based mechanisms such as payments for ecosystem services (PES) as well as supporting the operationalization of national forest funds (NFFs) and public–private partnerships for FLR investment. The plans include different types of financing to ensure FLR success on the long term.
    (iii) Creating linkages with climate funds through technical assistance and proposal development.
    (iv) Developing bankable projects through capacity building and the identification of opportunities for business development and for attracting additional investment.

    This work is presented through examples and cases studies increasing the knowledge of local partners on existing financing sources and supporting them in accessing these funding streams. Financial mechanisms, Economic Development, Deforestation and forest degradation, Sustainable forest management, Value chain ID: 3484518
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    Meeting
    Forest and Landscape Restoration Financing Joint discussion paper on sustainable financing for FLR. Policy brief for public policy makers (GM & FAO)
    Ecosystem and landscape approaches to tackle land degradation and promote ecosystem restoration UNCCD COP12, 13-15.10.2015, Ankara, Turkey
    2015
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    Article
    Community forest management and local financing for forest and landscape restoration in Cambodia
    XV World Forestry Congress, 2-6 May 2022
    2022
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    Forest and natural resources are critical to communities in Cambodia, but they are being strongly affected by land encroachment, illegal logging and over-harvesting. Through the support of FAO’s Forest and Landscape Restoration Mechanism (FLRM), and with the local partnership of the Center for People and Forests (RECOFTC), the Phnom Dek Chambok Hos Community Forestry (PDCHCF) committed to restoring the native trees in their designated forestland, protecting biodiversity, increasing forest cover, and preventing land encroachment. The challenge was to achieve these ambitious goals while also generating income for the community and possibly promoting eco- tourism in the long term. Led by Mr. Khea Sochea, who is from the Kouy Indigenous Group, the PDCHCF has developed an innovative restoration management plan paired with a local financing mechanism that provides short-and long-term incentives and credit schemes to engage members for sustainable forest management. The PDCHCF established a tree plantation site that mixes native and fast-growing tree species and dedicated some areas for intercropping within the degraded area. After consulting PDCHCF members, and in compliance with land laws, the PDCHCF Management Committee decided to grant access to two hectares of land for rice cultivation to the five members who are involved in the maintenance of the tree plantation to provide them with an income- generating activity and an incentive to support their restoration efforts. In the medium or long term, PDCHCF members expect to harvest fast-growing trees to generate revenues for community activities and the credit scheme serving as the financial mechanism and incentive scheme to their members. Keywords: Deforestation and forest degradation, Sustainable forest management, Economic Development ID: 3487212
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