Issue Brief on Forest Finance
Forest finance is understood to refer to all forms of financing for sustainable forest management (SFM). It is the primary focus of paragraph 63 of the Addis Ababa Action Agenda (“Encourages the mobilisation of financial resources from all sources to conserve and sustainably use biodiversity and ecosystems, including promoting sustainable forest management”) and of target 15.b of the Sustainable Development Goals (SDGs) (“Mobilize significant resources from all sources and at all levels to finance sustainable forest management and provide adequate incentives to developing countries to advance such management, including for conservation and reforestation”), while also being relevant for a number of other paragraphs of the Addis Ababa Action Agenda and of other SDGs. As an increasingly important component of forest finance, REDD+ is also discussed in this brief.