Innovative Finance For Sustainable Landscapes

This publication explores some of the barriers that hinder external finance from making greater contributions to the sustainability of landscapes in the global south. It provides insights into the potential of blended finance, green bonds and crowdfunding structures to contribute to bridging that gap. The document is meant for investors that are new to land-based investments in the global south and are particularly interested in achieving social and environmental impacts. It is also written for development organizations with little experience in leveraging private finance for local development and conservation and for future practitioners in this field. The authors identified several gaps in knowledge and experiences, and it is hoped that through this document the readers will be motivated to fill in those gaps in the near future, contributing to scaling up finance for sustainable and inclusive landscapes.

The Rehabilitation of Degraded Agricultural Lands (RDAL) project by the Food and Agriculture Organization of the UN (FAO) and the Global Environment Facility (GEF), in partnership with the Government of Sri Lanka through the Ministry of Mahaweli Development and Environment (MMDE), aims to encourage the use of sustainable land management practices in agricultural lands in the central highlands of Sri Lanka. International Union for Conservation of Nature (IUCN)’s role in this project involves developing innovative financing mechanisms to promote Sustainable Land Management (SLM). In order to achieve this, IUCN has formulated an approach which is laid out in this report the Innovative Financing Mechanisms for Promoting Sustainable Land Management (SLM). Developing innovative financing mechanisms that are tailored to the environmental, economic and socio-cultural context of paddy, vegetable, home garden and tea farmers in the central highlands of Sri Lanka will enable and promote the use of SLM practices which in turn will contribute to the rehabilitation and prevention of further degradation of these lands. This report is divided into two main parts where the first part is a general guideline to aid the identification and development of potential IFMs for sustainable land management in agricultural lands in Sri Lanka, and the second part outlines the process followed by IUCN to identify potential IFMs for the RDAL project.

The preservation of forests, sustainable forest management (SFM), forest landscape restoration (FLR) and the need to make the most of precious forest resources are priority issues in the policy and sustainable development agenda of the Asia-Pacific region. Innovation will be key in the coming decades to meet the increasing demand for wood and other forest products while halting and reversing deforestation, in line with the commitment taken at COP26 in Glasgow by the international community. However, uptake of innovative technologies has been slow and uneven in the Asia-Pacific region, and there remains a gap between political commitments and the investments – in education, capacity building, and infrastructure development – required to put them into practice. This technical report examines the potential and barriers to disseminating and deploying innovative technologies for SFM in the region and provides overarching recommendations and specific options for decision-makers. It delineates and informs the process by which decision-makers and actors can identify: the potential of innovative technologies to advance SFM; their potential impacts; constraints to technology uptake and scaling up, and how to overcome these constraints and facilitate adoption.

Developing countries need additional, cross-border capital channeled into their private sectors to generate employment and growth, reduce poverty, and meet the other Millennium Development Goals. Innovative financing mechanisms are necessary to make this happen. 'Innovative Financing for Development' is the first book on this subject that uses a market-based approach. It compiles pioneering methods of raising development finance including securitization of future flow receivables, diaspora bonds, and GDP-indexed bonds. It also highlights the role of shadow sovereign ratings in facilitating access to international capital markets. It argues that poor countries, especially those in Sub-Saharan Africa, can potentially raise tens of billions of dollars annually through these instruments. The chapters in the book focus on the structures of the various innovative financing mechanisms, their track records and potential for tapping international capital markets, the constraints limiting their use, and policy measures that governments and international institutions can implement to alleviate these constraints.

The De Gruyter Handbook of Sustainable Development and Finance explores the difficult and challenging issues confronting society and the environment, in the contexts of unprecedented climate change, bio-diversity loss and the global pandemic. In this seminal text exploring a wide range of topics, and in the devastating wake of COVID-19, scholars and practitioners analyse the effectiveness of current and proposed actions to build a sustainable future, and the public and private finance necessary to prevent an impending planetary catastrophe. The first section of the handbook introduces readers to the origins and evolution of sustainable development. An examination of public and private finance follows in the next two sections, presented from the perspectives of authors from both ‘developed’ and ‘developing’ countries. Climate change, one of the largest sectors of finance for sustainable development, is investigated in detail, as is the new and emerging development frontier, the ‘blue’ economy of the world’s oceans. Suitable for students, policymakers and the public at large, the handbook highlights the lessons learned and points the way forward for sustainable development and finance in the wake of the global pandemic, and the challenges to come.

This book introduces green bonds and their significance in portfolio management and sustainable finance. It emphasizes the significance of green bonds in terms of two primary factors: environmental sustainability and investor return. The book establishes the definitions, features, and typology of green bonds, and explains the characteristics that separate it from traditional ones. It delves into the benefits and challenges of investing in these financial instruments, and outlines the process by which green bonds are certified, focusing on the widely accepted Climate Bonds Standard. It also covers transparency, reporting, and monitoring measurements of green bonds. In its second section, the book focuses on investor and policy perspectives. The authors discuss asset allocation strategies for investors as well as various methods for integrating ESG issues into investment portfolio design. New estimating methodologies and case studies of successful green bond investments are also provided. Pitched at graduate students and researchers in finance, accounting, as well as related fields of energy and environmental economics, this book will also interest practitioners and investors looking to understand this emerging area in finance.

Poverty, food insecurity, biodiversity and habitat loss are persistent global challenges that are further exacerbated by the impacts of climate change. These challenges are particularly hard felt in the tropical landscapes of the global South where tensions between local socio-economic and international environmental commitments are pervasive. Due to the apparent failure of sectorial approaches to address such challenges, more holistic strategies are being increasingly promoted. Integrated landscape approaches are one such example; essentially a governance strategy that engages multiple stakeholders to reconcile societal and environmental objectives at the landscape scale to identify trade-offs and potential synergies for more sustainable and equitable land management. Integrated landscape approaches have been widely endorsed in the international and national policy arena, within academia, and in the discourse surrounding conservation and development funding. However, despite strong scientific theories and concepts, the implementation, and particularly evaluation and reporting, of integrated landscape approaches in the tropics remains poorly developed. The COLANDS initiative represents an explicit attempt to contribute towards the evidence base by operationalizing integrated landscape approaches in Ghana, Zambia and Indonesia. In this regard we aim to provide regular, honest reporting of progress. This book details the experiences of researchers engaged in these landscape-scale initiatives across the first two years of implementation. With dedicated chapters on current progress, biodiversity, methods and evaluation the book provides useful tools and resources for research and implementation. Furthermore, we consider the complex socio-political challenges associated with landscape approaches with chapters focussed on how to effectively engaging stakeholders and understanding the national policy environment. We then provide profiles of the sites in each of the three countries and describe the historical context, current status and potential for more integrated landscape governance. This book explores the techniques and strategies that can be deployed to improve the governance and management of land and natural resources and better reconcile conservation and development objectives in tropical landscapes undergoing rapid change. Contents Foreword Acknowledgments Author bios Executive Summary Introduction and backgroundJames Reed, Mirjam Ros-Tonen and Terry Sunderland Integrated landscape approaches in the tropicsJames Reed, Amy Ickowitz, Colas Chervier, Houria Djoudi, Kaala B Moombe, Mirjam Ros-Tonen, Malaika Yanou, Elizabeth L Yuliani and Terry Sunderland The role of biodiversity in integrated landscape approachesJoli R Borah, Yves Laumonier, Eric RC Bayala, Houria Djoudi, Davison Gumbo, Kaala B Moombe, Elizabeth L Yuliani and Mathurin Zida Engaging multiple stakeholders to reconcile climate, conservation and development objectives in tropical landscapesJames Reed, Jos Barlow, Rachel Carmenta, Josh van Vianen and Terry Sunderland Theories of change and monitoring and evaluation types for landscape approachesColas Chervier, Marie-Gabrielle Piketty and James Reed A methods toolbox for integrated landscape approachesJames Reed, Joli R Borah, Colas Chervier, James Langston, Moira Moeliono, Alida O’Connor, Elizabeth L Yuliani and Terry Sunderland Potential for integration? An assessment of national environment and development policiesAlida O’Connor, Houria Djoudi, Moira Moeliono, Kaala B Moombe and Freddie S Siangulube Context for landscape approach implementation in the Western Wildlife Corridor Landscape (Northern Ghana)Eric RC Bayala, Houria Djoudi, Mirjam Ros-Tonen and Mathurin Zida Understanding landscape dynamics: A case study from Kalomo DistrictKaala B Moombe, Freddie S Siangulube, Bravedo M Mwaanga, Tiza I Mfuni, Malaika P Yanou, Davison J Gumbo, Rays C Mwansa and Gilbert Juunza Kapuas Hulu: A background analysis to implementing an integrated landscape approachAugusta M Anandi, Elizabeth L Yuliani, Moira Moeliono, Yves Laumonier and Sari Narulita Conclusion and the way forwardTerry Sunderland, James Reed and Mirjam Ros-Tonen