Forests & Finance: Shifting private sector finance to accelerate forest action

The transition to halt natural forest loss, achieve sustainable land use and capture the multitude of co-benefits forest provide will require engagement across the public and private sectors to shift a significant amount of finance from high-deforestation activities to sustainable forest approaches, at a scale that can have a tangible impact in halting forest loss.

On the margins of the 73rd session of the United Nations General Assembly, the United Nations Development Programme (UNDP) in partnership with the Global Platform for the New York Declaration on Forests (NYDF) hosted a lively and interactive dialogue 'Forests and Finance: shifting private sector finance to accelerate forest action'.

This events report conveys the panelists' insights from their experiences as well as challenges they face in their work – highlighting themes such as investing in small-scale ventures, creating opportunities for multi-stakeholder dialogues, and ideas for necessary shifts in the current model of finance.