Factor

High-level Meet on Finance for Forest Sector

13 July 2016 | Adaptation

A high-level dialogue on forests and climate change will be held during the upcoming Committee on Forestry (COFO 23) meeting taking place from 18 to 22 July at the headquarters of the Food and Agriculture Organization (FAO) in Rome, Italy.

COFO, the FAO’s highest forestry statutory body, will hold its 23rd meeting in conjunction with World Forest Week, a series of meetings and events sponsored by FAO and its partner organizations to consider how to realize the full potential of forests in contributing to global development goals. 

The Paris Climate Change Agreement sent a strong, unprecedented message that reducing emissions from deforestation and forest degradation (REDD+) is a critical and prominent piece of the new global climate goal to achieve net-zero emissions in the second half of this century.

With ten years of negotiations on REDD+ now completed, the focus is shifting to implementing REDD+ activities in developing countries. A key issue, however, is providing funding and other support for implementing these activities, which will form part of the discussions at the high-level dialogue.

Last May, the third voluntary meeting on the coordination of support for the implementation of REDD-plus activities in developing countries, organized jointly by the French and Moroccan Presidencies, was held in conjunction with the 2016 Bonn Climate Change Conference.

The meeting brought together national entities or focal points, Parties, civil society and relevant entities financing REDD+ activities to exchange experiences. The video below involving participants at the conference  highlights efforts to make REDD+ work at scale so that it can seize the potential to significantly reduce forest-based emissions and contribute to accelerating pre-2020 action.

 

Source: UNFCCC