Importance of broad financing for sustainable forest management highlighted at UN forum

Importance of broad financing for sustainable forest management highlighted at UN forum

A United Nations meeting on sustainable management of forests today discussed the importance of mobilizing resources from a diverse range of actors to ensure broad ownership as well as to advance the overall sustainable development agenda.

“By far the greatest source of forest financing has been – and will continue to be – from commercial private sector investments in sustainable forest management,” Manoel Sobral Filho, the Director of the UN Forum on Forests secretariat, said in a briefing on the importance of diversifying resources.

In the UN Strategic Plan for Forests, agreed earlier this year, UN Member States stressed the importance of partnerships of philanthropic organizations, foundations, as well as public-private and other multi-stakeholder entities in scaling up resources for sustainable forest management and as well as the plan’s own implementation.

The Strategic Plan also provides a framework for forest-related contributions to the implementation of the 2030 Agenda for Sustainable Development, the Paris Agreement on climate change and a number of other international instruments, commitments and goals.

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