Transparency in deforestation-free production and trade
Significant work is required to improve the accessibility and transparency of information along complex commodity supply chains. Information on forest-risk supply chains and related market intelligence will help REDD+ countries to take economic, fiscal, land-use and trade-related decisions and to increase recognition of their responsible land-use policies.
The production and trade of commodities such as palm oil, soy and beef drives deforestation and forest degradation. While a growing number of public and private actors are committed to stopping deforestation associated with international commodity trade, companies and financial institutions still lack reliable and systematic information they need to manage risks in their procurement and investment policies.
Jurisdictional REDD+ and zero-deforestation initiatives have poor market visibility for their responsible value chains, and are impatient for incentives from commodity markets to sustain their efforts. Significant work is required to improve the accessibility and transparency of information along complex commodity supply chains.
The work of the EU REDD Facility provides lessons and experiences on working with government stakeholders at subnational, national and international levels to increase transparency in forest-risk commodity supply chains and related trade relationships.