July 2009: The UN Food and Agriculture Organization (FAO) has released its 12th working paper, titled “Towards National Financing Strategies for Sustainable Forest Management in Latin America: Overview of the Present Situation and the Experience in Selected Countries.”

The working paper focuses on finance for sustainable forest management (SFM), including strategies at both international and national levels for diversification and enhancement of the quantity and effectiveness of SFM financing. Drawing from experiences in Latin America, the paper recommends that countries undertake national forest financing strategies when designing their national forest programmes. With regard to climate change, the paper discusses the potential financing opportunities that addressing climate change brings to SFM. The paper addresses both voluntary and regulatory carbon markets, including those related to reducing emissions from deforestation and forest degradation in developing countries (REDD).
[The paper]