Since its creation in 2004, the BioCarbon Fund has allocated resources to projects that transform landscapes and directly benefit poor farmers. It was the first carbon fund established in the world to focus on land use.
Housed within the Carbon Finance Unit of the World Bank, the BioCarbon Fund is a public-private sector initiative mobilizing financing to help develop projects that sequester or conserve carbon in forest and agro-ecosystems. It has been a pioneer in this sector, developing the infrastructure needed to pilot transactions and paving the way for the growing land-use carbon market established to date.
For more information about the BioCarbon Fund T1 and T2, download the BioCarbon Fund brochure (PDF). If you are interested in information about the new BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL), please visit http://www.biocarbonfund-isfl.org
Zambia: Presentations from a stakeholder meeting for a potential landscape programme in the Luangwa Valley (October 4, 2013)
The BioCF in collaboration with the World Bank's office in Lusaka, Zambia, organized a stakeholder meeting involving public and private sector, development partners as well as local stakeholder on October 4, 2013, to explore opportunities for a potential Integrated Sustainable Landscape Management Project in the Luangwa Valley in the Eastern Province of Zambia.
Meeting Zambia's goals for food security and inclusive green growth requires better management of land, forests, and water resources. Instead of looking at these sectors in isolation, taking an Integrated Landscape Management approach that takes into account the inter-actions between these sectors can help to maximize productivity, improve livelihoods, and reduce negative impacts on the environment. Such an integrated approach has the potential to bring a variety of benefits including economic, social and environmental to rural communities, strongly supporting rural development agendas and ensuring sustainable use of natural resources. In the past few decades several organizations have been applying Integrated Sustainable Landscape Management approaches under different names (e.g., model forest, biological corridors initiatives, among others), prominently at the watershed level. Often these initiatives face considerable challenges to achieve sustainability.
Recently there has been renewed interest in Integrated Sustainable Landscape Management approaches as a tool to mitigate greenhouse gases (GHG) emissions and build resilience to climate change. New streams of performance based climate finance could help to address some of the existing challenges to sustainable landscape approaches and contribute to a sustainable, low-carbon development path.
The objective of the stakeholder meeting was to discuss the potential of developing an integrated approach to landscape management in the Luangwa Valley/Eastern Province and explore the potential of developing this as a pilot program that could access climate finance through payments for emission reductions. The meeting brought together relevant stakeholders including community representatives, national government, local government, private sector and local groups, and development partners. During the meeting the different stakeholders shared information about their activities that could be relevant for a potential Integrated Sustainable Landscape Management program in the Luangwa Valley.
Presentations from stakeholder meeting are available below:
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