This presentation by Andrew Mitchell from the Global Canopy Programme given during the Forests Asia Summit in the discussion forum "Climate change: Seeing Green in REDD – Sharing experiences on the equity and economics of REDD+ pilot projects" focuses on the task of unlocking forest finance, what a landscape scale financing mechanism would look like, what the costs would be and what lessons have been learned so far.

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A Landscape Solution?

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UNLOCKING FOREST
FINANCE
OUR PARTNERS
Coordinated by
Global Canopy Programme
South America
Europe

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Farmers / Landscape

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A Landscape Scale Financing Mechanism
• Modelling Transition Costs to Sustainability
• Application of US$1 – 2 billion Green Bonds

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Model the Cost of Transition at a
Landscape Scale
1. Ecosystem Services
2. Sustainable Supply Chains:
• Beef, soy, palm, aquaculture etc.
3. Resilient Livelihoods

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WHAT SCALE OF
INVESTMENT?
Institutional investors say Natural Capital projects
are too small. They ideally need to invest at
US$ 0.5 – 2 billion scale
Transition costs of agriculture are ideal – needing
upfront investments in sub-national
regions costing 1-2 US$ billion - in Acre alone.
Needs ‘patient capital’ over 20-30 years
Capital markets could use large scale
Green Bonds with transformation of
sub-national economies

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Lessons
$135 Billion/yr $1.1 Billion/yr

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Community
Monitoring Reporting &
Verificaton - MRV
• Quantify change?
• Pay for Performance
• Who should benefit?
• Safeguards

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Top Down meets Bottom Up
• National MRV systems + Local C-MRV
• National = Remote Sensing / Space
• Needs “Ground Truth”
• Local = Verification + Incentives + Equity
• Communities well placed to provide this
• And receive benefits in return

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Data replicated to
the cloud

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Three Primary Data Sets
• Carbon > Forest Change
• Ecosystem Services =
Natural Resource Use
• Community Wellbeing

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Smap running on our own web server
Form management
ODK
Collect
Data management

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Lessons
?

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