Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.
1 of 15

Critical theme - Moving forward with REDD+ (part one)

0

Share

Download to read offline

The presentation of Jane Boles, of Era Ecosystem Services, to the IIED-hosted Moving ahead with Reducing Emissions from Deforestation and forest Degradation (REDD+) workshop on 9-10 April 2014.

The presentation, made as part of a series of Critical Themes delivered by experts at IIED, focused on Moving forward with REDD+, and the readiness, role of the private sector, finance and political commitment.

More information on Era Ecosystem Services' work: http://www.eraecosystems.com/.

Further details of the workshop and IIED's work on REDD+ are available via http://www.iied.org/coverage-moving-ahead-redd-prospects-challenges-workshop.

More Related Content

You Might Also Like

Related Books

Free with a 30 day trial from Scribd

See all

Critical theme - Moving forward with REDD+ (part one)

  1. 1. 5 years of REDD Lessons for effectiveness and financing Jane Boles, IIED, “Moving Ahead with REDD”, April 9th 2014
  2. 2. Era vs ERA (vs ERA Congo) • ERA Ecosystem Restoration Associates Inc Vancouver British Colombia, since 2005 • Forest Carbon project development in North America (AB32, FCOP) and REDD development in Congo Basin, Latin America • Name change in 2013
  3. 3. Great Bear Forest Carbon Initiative • Largest intact temperate rainforest in the world • Carbon credits purchased by voluntary market as well as BC public sector (Pacific Carbon Trust)
  4. 4. Mai Ndombe REDD+ project • >265,00 ha, 30,000 people in 26 villages, mostly lakeside subsistence fisheries. • Baseline land use: industrial timber harvesting for international markets • Began development in 2009
  5. 5. Mai Ndombe REDD+ - • Good Pilot for DRC, good for conservation • BUT! Not easy model to replicate. – Previous concession holder not a stakeholder – Low-opportunity cost – Built on specific relationships and opportunities
  6. 6. Project Development 2.0 Positive changes in Project Activities Addressing Underlying drivers Focus on governance (transparency, accountability) Challenge: how to scale up finance? Becoming financially sustainable Bundling of environmental assets beyond carbon Challenge: can be more difficult to address drivers
  7. 7. Focus on Bundling assets beyond carbon Economic benefits to communities Sustainable agriculture High-value processing CHALLENGE underlying drivers of deforestation often not linked to communities
  8. 8. Focus on underlying drivers Needed approach: Transparency with local environmental authorities Inter-ministerial cooperation at national level CHALLENGE Particularly difficult to finance
  9. 9. Voluntary Carbon Market • Will not get us to 30 billion! So why talk about it? Provides evidence to inform policy – Performs reasonably well with regards to S/E safeguards. – Suppliers predict market value could reach $2.3 billion in 2020 (up from $523 million in 2013) **if we get the communication right**
  10. 10. The Differentiator Problem
  11. 11. The ‘own the story’ problem • Result: many CSR- driven buyers would prefer to finance transaction costs rather than purchase credits.
  12. 12. The marketability problem
  13. 13. Some Concluding Remarks • Voluntary market as enabled some useful early action, but will not be able to keep up as REDD scales up. • REDD+ initiatives have become ‘smarter’, but in doing so have added funding challenges. • Just because Corporate Social Responsibility (CSR) is limited as a REDD catalyst, it still has a huge role to play in addressing the cause of avoided deforestation by other means: consumer demand for green commodity supply chains.
  14. 14. Thank you!

×