|
Submission |
ID |
|
8369 |
Submitting Entity |
|
United Nations Forum on Forests |
Submitted for |
|
Tenth meeting of the Subsidiary Body on Scientific, Technical and Technological Advice (SBSTTA 10) |
|
Main Information |
Title |
|
Financing for Sustainable Forest Management: Current Challenges in the Changed Financial Environment. |
Description |
|
The present note provides background information to assist the Ad Hoc Expert Group on the Finance and Transfer of Environmentally Sound Technologies in carrying out its tasks. Financing is a pervasive issue in the international development policy framework. Adequate financing for sustainable forest management is directly linked to poverty alleviation, improved food security, access to safe drinking water, affordable energy, changing unsustainable patterns of consumption and production and protecting and managing the natural resource base of economic and social development. Currently several market and policy failures decrease the profitability of sustainable forest management. Also, perverse incentives and higher profits in other economic sectors contribute to deforestation and forest degradation. Considering the decline in overseas development assistance, which has seriously affected the primary production sector in developing countries, it is difficult to build realistic financial strategies based on an increasing role of official development assistance flows. On the other hand, private investments have been increasing, but the investment climate in forestry is currently not competitive. Furthermore, most of the foreign direct investment goes to a very limited number of countries. For the vast majority of developing countries official development assistance remains the backbone of financing. |
Web Link |
|
/doc/case-studies/inc/cs-inc-unff-02-en.pdf |
|
Additional Information |
Ecosystems |
|
Forest Biodiversity |
Incentive Measures |
|
Reform of Perverse Incentives Economic Valuation |
Keywords |
|
Subsidy reform |
|
|
|
|
|
|
|
|