Unlocking Forest Finance in San Martin, Peru
Leveraging private, public and climate finance to invest in sustainable land use.
Type of Publication: Report
Date of Publication: June 2016
Organizations: Global Canopy Programme
The Unlocking Forest Finance (UFF) project seeks to design a financial mechanism that combines public and/or private, national and international resources to catalyse the transition to sustainable landscapes. The UFF project aims to implement sustainable production models for the main regional supply chains, restore degraded land, conserve forests and improve rural livelihoods. These activities are part of an investment portfolio designed to generate positive social, environmental and financial impacts.
In San Martin, UFF has carried out consultations with local, regional and national actors, held discussions with international investors and developed an investment portfolio and business proposal. These investments will increase productivity in a sustainable way in seven supply chains (six agricultural and one aquaculture), support conservation in four protected areas and contribute to a sustainable livelihood plan for local communities. The investment proposal identifies key activities to implement the transition, the target population and the expected productivity and benefits.
The portfolio of investments for the supply chains was selected considering criteria that allowed the assessment of the environmental, social and economic benefits and the political priority given by the Regional Government, and is the basis for the business proposition in San Martin. This portfolio includes analysis of costs, revenues and investments required for the transition in the region as well as the potential return, and blends public and private sector finance.
This project is part of the International Climate Initiative (IKI). The Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB) supports this initiative on the basis of a decision adopted by the German Bundestag.