This session examined the role that REDD+ can play in the transition to a green economy, with a specific focus on private sector engagement and investments into sustainable landscapes using practical examples from forest countries. The session built on the recently released IRP report (Building Natural Capital: How REDD+ Can Support a Green Economy) and examined the topic from a number of dimensions, such as the potential role of financial policy and regulation as well as agricultural incentives in shaping the current patterns of investment and activities in a landscape. Key actors who work in Indonesia also shared their on-the-ground experiences.
Key questions addressed in the session:
- What are the benefits REDD+ can generate for a transition to a green economy?
- Is there a ‘business case’ for REDD+? What are some practical opportunities for the private sector in the short to medium term and what key challenges need to be urgently addressed?
- What are the challenges and opportunities associated with existing incentive structures that drive current finance and investment into a forest landscape?