Palm oil plantation (photo by Tim Cadman)

Governing the forests: how fiscal instruments can act as a (dis)incentive to reducing emissions

In recent years, the concept of ‘governance’ rather than ‘government’ has become a popular term for describing the interactions between stakeholders in the sustainable development policy arena. In this context, especially in the arena of forest management, it is used to describe the structures and processes that steer, or co-ordinate the relations between multi-stakeholders (government, business, civil society). Usually, governance refers to human actors, but there are other forces that exercise influence over how forests are managed. One of the most important of all these, is that most essential resource: money. This brief report outlines the role that public finance, and most importantly the fiscal instruments developed by governments, can have a considerable influence over the fate of the world’s forests.

Research undertaken by the author in 2016-2017 investigated the extent to which fiscal incentives encouraged, or discouraged, private sector involvement in the United Nations Framework Convention on Climate Change (UNFCCC) initiative known as REDD+ (“Reducing emissions from deforestation and forest degradation and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries”).

In Indonesia, REDD+ has been recognized as a potentially significant source of revenue, while at the same time providing an important incentive to contribute to reductions in global deforestation. However, in a series of interviews and surveys, forest-based business stakeholders identified a number of issues impacting on their ability to undertake activities that would lead to reducing deforestation and forest degradation, and emissions.

What contribution can the private sector make to climate protection? COP23 side-event

On the occasion of the COP23 UN Climate Change Conference, Senat der Wirtschaft, together with the European Forest Institute (EFI) and Forest Finest, will hold a panel discussion on the commitment of the business sector to climate protection on 14 November 2017, 4-6pm.

The discussion on What contribution can the private sector make to climate protection and how can such projects be implemented in practice? will take place in the Bundeshaus, Platz der Vereinten Nationen 7, 53113 Bonn (opposite the Marriott Hotel) in the conference room on the 1st floor.

On the panel we present:

  • Prof. Dr. Dr. Franz-Josef Radermacher (Member Club of Rome, President Senat der Wirtschaft)
  • Dr. Lukas Giessen (European Forest Institute)
  • Dr. Symphorien Ongolo (Universität Göttingen)
  • Dirk Walterspacher (Forest Finest)
  • Anna Rösinger (WeForest)

Host will be Dr. Christoph Brüssel (Senat der Wirtschaft).

“REDDy for more?” Join EFI’s side event for COP23 and explore the future of global forest governance

Join our panel-audience discussion on the possible future of global forest governance focusing on the tropics on Saturday the 11th of November 2017, 13.00 – 15.00 in the new premises of EFI Bonn at Platz der Vereinten Nationen 7 in Bonn. Strong current trends and likely future scenarios, which may build on but also go beyond REDD+ initiatives will be key themes.

The climate deliberations of previous years have clearly shown that forests are a crucial aspect of global approaches to climate change policy, esp. in the tropics. Persistent deforestation and forest degradation cause a huge amount of CO2 emissions, while growing forest stock, sustainable forest management as well as the use of wood-based products and materials are capable of mitigating emissions from multiple sources.