Initiative For Sustainable Forest Landscapes Emerges From UN Climate Talks

The United Nations recently held climate change talks in Warsaw, Poland which resulted in a $280 Million forests initiative being launched by the UK, the US and Norway. The plan, known as the Initiative for Sustainable Forest Landscapes, is to be managed by the BioCarbon Fund, a public-private sector program housed within the Carbon Finance Unit of the World Bank, and is primarily aimed at providing further funding to the Reducing Emissions from Deforestation and Degradation plus pro-forest activities (REDD+) program.

The REDD+ program is an effort to create a financial value for the carbon stored in forests and is designed to help developing countries reduce emissions from deforestation and invest in low-carbon paths to sustainable development through financial incentives provided by developed countries. Further, the initiative is designed to work with the private sector to promote the sustainable use of forest products and has received support from industry