The recent surge of corporate interest in “nature-based solutions” to climate change presents an opportunity for attracting significant new performance-based finance for REDD+. This session focusses on how jurisdictional-scale forest emission reduction and removals credits can be included in rapidly growing voluntary and compliance-based carbon markets while ensuring high social and environmental integrity.
From the panel, Bayer highlighted that organisations need to be proactive to help solve urgent global issues and that’s why they became a member of the LEAF coalition and are a supporter of collaboration. There’s no individual sector plan that can address deforestation, hence, why the coming together of multi-stakeholders at the jurisdictional level is necessary in order to achieve global net zero.