WWF opens a call for proposals on business models for Forest Landscape Restoration in South America
WWF seeks to address the problems of biodiversity loss and climate change through the ambitious goal of the Bonn Challenge to restore 350 million ha of forest by 2030. Underlying the Bonn Challenge and WWF´s goals is the forest landscape restoration (FLR) approach, which aims to restore ecological integrity and at the same time improve human well-being through multifunctional landscapes as a way to respond to these trends and achieve other international commitments including the CBD Aichi Target 15, the UNFCCC REDD+ goal, the Rio+20 Land Degradation Neutrality goal and the UN Sustainable Development Goals.
Scaling up restoration is difficult, experience is limited, and understanding of the argument for restoration is still permeating most sectors. Finance has also seen as a challenge, but current thought is that finance is increasingly available, from multiple sources, including climate funds, multi-lateral banks and even in the private sector. What is lacking is the connection to bankable restoration projects; projects that can demonstrate a return on investment whether it is direct economic return or quantifiable benefits in terms of ecosystem services.