Forests are worth more standing than felled. Yet, deforestation rates remain alarmingly high, signaling a failure in current financial models that support forest conservation.
To turn the tide on deforestation, successful conditions enabling decarbonization in the energy sector, including increased carbon floor prices, high-integrity and predictability of demand must be replicated.
Upfront finance mechanisms, payments for reduced deforestation, and carbon markets are essential mechanisms to bridge the financing gap and boost large-scale forest protection while respecting the communities that live in them.
UNEP works with countries to:
- enhance their access to REDD+ financing;
- mobilize both upfront and results-based financing from a diversity of financial sources ; and,
- provide technical assistance and capacity building to countries in their route to access financial mechanisms for forests.
