Search

The first State of Finance for Forests (SFF) report: Unlock. Unleash. Realizing forest potential requires tripling investments in forests by 2030 provides a global overview of public and private forest finance in 2023, comparing current flows with the investments needed to realize forests’ potential to address climate change, biodiversity loss, and land degradation.  It integrates key private finance channels and nature-related asset classes such as certified commodity supply chains, impact investing, carbon and biodiversity markets, philanthropic funding, and private capital mobilized through public finance. The report finds that forests remain significantly underfunded: annual investment must increase from US$84 billion in 2023 to US$300 billion by 2030 and US$498 billion by 2050, leaving an annual gap of about US$216 billion.  Private forest finance remains modest at US$7.5 billion in 2023, with most flows directed to lower-risk markets rather than tropical commodities that drive the bulk of deforestation. At the same time, potentially environmentally damaging subsidies reached around US$406 billion in 2023, and private financial institutions provided an estimated US$8.9 trillion in active financing to companies with high deforestation risk as of November 2024. 

Welcome to the Learning Journal on Nesting Approaches for REDD+ This Learning Journal was developed for the revitalized REDD+ Academy. It aims to bridge the understanding and practical application of nesting, which entails aligning REDD+ initiatives across various geographical and administrative scales into a consistent accounting system at the jurisdictional (national or subnational) scale, with consideration of key governance and safeguards aspects. Who is it for? This Learning Journal is intended to serve as a guide for government practitioners, but may also be of interest to project developers, public and private funders and REDD+ technical assistance partners.

Pledges to reduce deforestation and pledges to financially support this transition from developed countries, are insufficient to halt deforestation by 2030. This report finds that commitments within the Nationally Determined Contributions (NDCs) from the twenty countries with the highest emissions from tropical deforestation are not enough to meet the goal. Only eight countries include explicit, quantified targets to reduce deforestation. All fall short of the global ambition to halt deforestation by 2030. The report provides recommendations to strengthen and enhance forest-based targets in NDCs and other policies and scale up immediate and substantive financial and technical support for forest-rich countries.