REDD+ and Forest Finance: A 360 degree view on Forest Finance

5 December, 2010 - 16:15 - 17:45
Location
Address: 
Cozumel 1, Cancun Center, Conventions and Exhibitions, Boulevard Kukulcan KM. 9 First floor, Zona Hotelera
Country: 
Mexico

Cohosts - UNFF and UNEP UN-REDD

Forest Day 4 - Learning event

The value of forests cannot be confined to the functions of one sector. A comprehensive financing approach that recognises the multi-functionality of forests is critical. With REDD+ presenting new funding opportunities, it is important to recognise how these changes will impact financing for the forestry sector.

This Learning Event provides the venue for an exchange of experiences on the types of forest financing that help to realise the broader values and services that forests provide. It will use insights from policy analyses and real life experiences to explore the need to cut across sectors, scales, stakeholders and organizations in developing such comprehensive financing approaches. It will pay attention to gaps, challenges and special needs of particular countries and regions, including small-island developing states (SIDS) and low-forest cover countries (LFCC). It will draw on insights from a major international study on The Economics of Ecosystems and Biodiversity as well in order to fully present a ‘360 degree perspective on Forest Finance’.

Key questions 

  1. How can we carry out comprehensive (and more importantly, accepted) valuations of forests to reflect the multifunction and benefits of forests that will make the financing of forests more attractive vis-à-vis other land-based income generating sectors (such as agriculture)?
  2. How can forest financing mechanisms be structured to benefit those most directly dependent on forests more equitably but remain attractive for other sectors and actors/interests that play a key role in (the enabling of) forest financing?
  3. How can we ensure that forest monies are reinvested back to forests (instead of being used largely to finance activities not directly related to the well-being of forests) to maintain the perpetuity of the multi-benefits of forests?

Facilitator
Jan McAlpine, Director, UNFF

Keynote address
His ExellencyBharratJagdeo, President of the Republic of Guyana (TBC)

Panellists 

  • Sergio Weguelin, Deputy Director, Environment Area, Brazilian Development Bank
  • Melinda Kimble, Deputy, Biodiversity Programme, UN Foundation
  • PavanSukhdev, Special adviser and head of UNEP’s Green Economy Initiative, Study leader of The Economics of Ecosystems and Biodiversity (TEEB)
  • Elias Freig-Delgado, SHCP - Economía y PolíticaCambioClimático
  • Dai Guangcui, Deputy Director General and Senior Researcher, China National Forestry Economics and Development Research Center (FEDRC), State Forestry 
    Administration (SFA).

Cohost contacts 
UNEP UN-REDD, Julie Greenwalt, Julie.Greenwalt [at] unep.org
UNFF, HosseinMoeini-Meybodi, Moeini-Meybodi [at] un.org; Catalina 
Santamaria, santamaria [at] un.org

Topic: 
Financing