Tracking private finance for forests: approaches and opportunities for tropical forest countries
In the lead up to the Paris Agreement on climate change, countries mapped out post-2020 climate plans – known as nationally determined contributions (NDCs). To implement actions on land-use mitigation and adaptation laid out in their NDCs, tropical forest countries will need financial resources.
The importance of mobilising large-scale private finance to meet climate pledges and NDC objectives is globally recognised. Yet tracking and monitoring private investments related to forests and land-use in tropical forest countries remains limited and challenging. Now, some practitioners are finding ways to shed light on the private sector’s role in financing nature-based solutions and sustainable land-use.
On 8 November on the sidelines of COP26, we will host an online event at the EU Pavilion to:
- Understand the dimensions of private land-use finance and challenges with its tracking
- Explore ways to quantify private investments and increase the transparency and accountability of climate commitments
- Discuss how tracking financial flows can support financial institutions and businesses’ efforts to increase sustainable financing and align investments with climate goals
Speakers will be:
- Asger Strange Olesen, Chief Climate and Ecosystems officer, Forest Stewardship Council
- Gabriela Coser, Climate Finance Analyst, Climate Policy Initiative Brazil
- Ivo Mulder, Head of the Climate Finance Unit at UNEP
The event will be moderated by Adeline Dontenville, Land-use finance lead, European Forest Institute.
- Date: Monday, 8 November 2021
- Time: 19h Glasgow / 20h Brussels
- Venue: EU pavilion and online
- Registration: First, register to the European Union side events at COP26. Once registered you will be able to access the digital event.
This workshop is organised in the context of COP26 in collaboration with UNEP.