Forestry

Efforts to reduce deforestation in developing tropical countries continue to provide promising opportunities to limit greenhouse gas (GHG) emissions while simultaneously addressing development concerns.

China has spent a total of 1.5 billion U.S. dollars of foreign loans and grants on its forestry sector by the end of last year since the country started international cooperation on forestry development in 1985, the State Forestry Administration (SFA) announced Tuesday.

The foreign funding, together with 8.7 billion yuan (about 1.37 billion U.S.dollars) of domestic funds, has helped develop a total of 5.82 million hectares of artificial afforestation and increased standing timber volume by 550 million cubic meters in China, said the SFA.

The report describes examples of success stories and lessons learned in Africa, Latin America and the Asia-Pacific region, and offers recommendations for action at the regional and global levels.

Core Guidance for Project Proponents

Michael Richards, Steven Panfil - Forest Trends, Conservation International

This is the first Forest Carbon Trust Fund in Nepal, and lessons learnt from this pilot project will be vital for understanding what kind of governance system will be required for implementing REDD+ at the national level when communities are actively involved in forest management.