Unlocking Climate Finance to Support High Forest Low Deforestation Regions in Africa and America
Thursday, November 17th, 2022
9:00 am - 10:00 am
High Forest, Low Deforestation (HFLD) countries and jurisdictions are those with extensive, ecologically intact forests and low past rates of deforestation. These are high-carbon areas with biodiversity and human well-being co-benefits that do not have access to adequate sources of financing, in particular for existing carbon finance instruments.
HLFD jurisdictions face significant additional barriers in accessing finance, since climate funding mechanisms have so far prioritized payments to areas that start with high past deforestation rates and then bring them under control.
This event will focus on how to advance policy pathways for HFLD countries and jurisdictions with high irrecoverable carbon to access climate finance. Practical examples from national and subnational governments will be presented as case studies, especially the local context in Gabon, DRC, Suriname, Guyana and Amapá state in the Brazilian Amazon.