Engaging the Private Sector in Results-Based Landscape Programs : Early Lessons from the World Bank’s Forests and Landscapes Climate Finance Funds
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 em...
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2017
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| Online Access: | 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 http://hdl.handle.net/10986/27268 |
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okr-10986-272682021-05-25T10:54:39Z Engaging the Private Sector in Results-Based Landscape Programs : Early Lessons from the World Bank’s Forests and Landscapes Climate Finance Funds World Bank CLIMATE FINANCE FORESTS LANDSCAPE PUBLIC-PRIVATE PARTNERSHIPS REDD+ NEW YORK DECLARATION ON FORESTS 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. 2017-06-20T15:48:20Z 2017-06-20T15:48:20Z 2017-06 Brief 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 http://hdl.handle.net/10986/27268 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Publications & Research Publications & Research :: Brief |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
CLIMATE FINANCE FORESTS LANDSCAPE PUBLIC-PRIVATE PARTNERSHIPS REDD+ NEW YORK DECLARATION ON FORESTS |
| spellingShingle |
CLIMATE FINANCE FORESTS LANDSCAPE PUBLIC-PRIVATE PARTNERSHIPS REDD+ NEW YORK DECLARATION ON FORESTS World Bank Engaging the Private Sector in Results-Based Landscape Programs : Early Lessons from the World Bank’s Forests and Landscapes Climate Finance Funds |
| description |
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. |
| format |
Brief |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Engaging the Private Sector in Results-Based Landscape Programs : Early Lessons from the World Bank’s Forests and Landscapes Climate Finance Funds |
| title_short |
Engaging the Private Sector in Results-Based Landscape Programs : Early Lessons from the World Bank’s Forests and Landscapes Climate Finance Funds |
| title_full |
Engaging the Private Sector in Results-Based Landscape Programs : Early Lessons from the World Bank’s Forests and Landscapes Climate Finance Funds |
| title_fullStr |
Engaging the Private Sector in Results-Based Landscape Programs : Early Lessons from the World Bank’s Forests and Landscapes Climate Finance Funds |
| title_full_unstemmed |
Engaging the Private Sector in Results-Based Landscape Programs : Early Lessons from the World Bank’s Forests and Landscapes Climate Finance Funds |
| title_sort |
engaging the private sector in results-based landscape programs : early lessons from the world bank’s forests and landscapes climate finance funds |
| publisher |
Washington, DC |
| publishDate |
2017 |
| url |
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 http://hdl.handle.net/10986/27268 |
| _version_ |
1764464098357018624 |