After Hurricane Maria blast over the Island of Puerto Rico in September 2017, the damage was severe and the aftermath difficult to evaluate. It flooded whole districts and left the island without electrical power for an extensive amount of time. Thousands of acres of Puerto Rico’s forests were damaged, and while it is estimated that 28,000 acres of the National Park El Yunque were destroyed, field research on the ground was still inconclusive. While remote-sensing data – satellite images or laser based measurements – are useful for preliminary results, they cannot replace basic scientific work on the ground. A recent New York Times article featured a small team of researchers, which took on the task of evaluating Maria’s aftermath in El Yunque and compared ground observations with existing satellite data of the damage.
On 14th November 2017, in the context of the COP23, the Senate of the Economy together with the European Forest Institute and ForestFinest held a panel discussion on the private sector’s potential to contribute to climate protection. Prof. Dr. Dr. Franz-Josef Radermacher, president of the senate, gave an inspiring key-note speech on how to combat climate change and satisfy global needs at the same time and with that triggered a lively discussion with his fellow speakers. The speakers included EFI’s own Lukas Giessen, principal scientist on International Forest Governance, Anna Rösinger – director of We Forest and Dirk Walterspacher of ForestFinest Consulting. Dr. Christoph Brüssel, from the Senate of the Economy, moderated the discussion.
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.