News archive 2015
Three tools to unlock finance for sustainable land use
Agriculture, forestry and other forms of land use generate around a quarter of global greenhouse gas (GHG) emissions and, in many countries, the proportion of emissions is far higher.
Opportunities proliferate to redirect the hundreds of billions spent globally on brown activities towards activities that emit fewer GHGs without sacrificing either productivity or economic development. Countries with high land-use emissions and their development partners, as well as businesses and investors, urgently need to identify changes in public support that can help to scale-up private sector investment in sustainable land use.
The Climate Policy Initiative (CPI) and Climate Focus, supported by the EU REDD Facility, undertook a study to develop tools to support public sector financing for mitigation and adaptation strategies that lower emissions from agriculture, forestry and other forms of land use. The study provided insights on shifting finance towards more sustainable land-use practices and identified financing opportunities.
The study developed three tools that governments and development partners can use to:
- Inform the design of land-use emissions reduction strategies supported by multilateral and bilateral programmes
- Identify domestic and international financial instruments to redirect public and private finance towards more sustainable land-use practices
- Encourage coordination between public financing instruments across land-use sectors
The executive summary of the report (available in English, French and Spanish) and the full report (English) provide a detailed description of the tools. Additional material is available on the CPI website.The next step will be to pilot the three tools with country partners.