Brief

Engaging the Private Sector in Results-Based Landscape Programs : Early Lessons from the World Bank’s Forests and Landscapes Climate Finance Funds

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collection.link.130
https://openknowledge.worldbank.org/handle/10986/5995
collection.link.137
https://openknowledge.worldbank.org/handle/10986/6002
collection.link.157
https://openknowledge.worldbank.org/handle/10986/9388
collection.name.130
French PDFs Available
collection.name.137
Spanish PDFs Available
collection.name.157
Miscellaneous Knowledge Notes
dc.contributor.author
World Bank
dc.date.accessioned
2017-06-20T15:48:20Z
dc.date.available
2017-06-20T15:48:20Z
dc.date.issued
2017-06
dc.description.abstract
This paper captures early observations by the World Bank Forests and Landscapes Climate Finance Funds in engaging the private sector, particularly multinational companies involved in global agricultural commodity supply chains, in the context of emission reductions programs to address land use change. The World Bank Group’s Forest Carbon Partnership Facility (FCPF) and the BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) have spent years working with private sector companies that produce, trade or buy commodities that play a role in driving deforestation or forest degradation. These funds have gained valuable insights into what has worked, and what more is required to further shift private sector behavior toward sustainable business models.Relationship building can take time; governments need to better understand the role and implementation capacity of the private sector, and the private sector needs to understand the benefits of a government-led REDD+ and/or emission reductions program. Such partnerships, however, offer promising opportunities to use available climate-related finance to leverage much larger private investments that can support the objectives of the World Bank Forests and Landscapes Climate Finance Funds.While private sector engagement has many challenges to overcome, as summarized in Section two, many new cooperative relationships are being developed as part of the World Bank Forests and Landscapes Climate Finance Fund programs. Section three summarizes these emerging opportunities and ways in which the Forests and Landscapes Climate Finance Funds are overcoming some of the barriers to public-private cooperation. Gaps that remain are highlighted in Section four. The overall message is that private sector engagement requires long-term commitments and unique strategies to meet the needs of each country.
en
dc.identifier.uri
http://hdl.handle.net/10986/27268
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
CLIMATE FINANCE
dc.subject
FORESTS
dc.subject
LANDSCAPE
dc.subject
PUBLIC-PRIVATE PARTNERSHIPS
dc.subject
REDD+
dc.subject
NEW YORK DECLARATION ON FORESTS
dc.title
Engaging the Private Sector in Results-Based Landscape Programs
en
dc.title.subtitle
Early Lessons from the World Bank’s Forests and Landscapes Climate Finance Funds
en
dc.type
Brief
en
okr.date.disclosure
2017-06-20
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Brief
okr.docurl
http://documents.worldbank.org/curated/en/699361497951740640/Engaging-the-private-sector-in-results-based-landscape-programs-early-lessons-from-the-World-Bank-s-forests-and-landscapes-climate-finance-funds
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b084cdd18f_1_0
okr.identifier.internaldocumentum
27653634
okr.identifier.report
116412
okr.imported
true
okr.language.supported
en
okr.topic
Agriculture :: Climate Change and Agriculture
okr.topic
Environment :: Environmental Protection
okr.topic
Environment :: Forests and Forestry
okr.topic
Environment :: Sustainable Land Management
okr.topic
Rural Development :: Natural Resources Management and Rural Issues
okr.unit
Sustainable Development (BPSSD)

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