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Representatives from UN-REDD Programme partner countries in the Latin America and Caribbean (LAC) region convened in Lima, Peru, 26-27 August to share and gain knowledge on fiscal and monetary incentives and their complementarity to REDD+ biodiversity conservation efforts. The event was co-organized by the Ministry of Environment of Peru, the UN-REDD Programme, USAID’s Initiative for Conservation in the Andean Amazon (ICAA), and GIZ.

Participating countries – which included Colombia, Costa Rica, Ecuador and Peru – were provided with an overview of how different public incentives can have implications over REDD+ and biodiversity conservation efforts based upon the preliminary findings of country studies carried out with the support of USAID ICAA and the UN-REDD Programme.  Analytical examples presented included:

 

  • How specific government incentives to capitalize the rural sector, which are linked to the promotion of sustainable agricultural practices in Colombia, could contribute to efforts to reduce deforestation in the Amazon region.
  • How to potentially reconcile public incentives in the agricultural sector generally, and for the production of palm oil and its transformation specifically, with efforts to reduce deforestation in Ecuador and Peru.
  • How incentives in Peru are used to engage the private sector in conservation efforts through a “Works for Taxes” law, as well as the possibility of including environmental criteria in current incentives promoting rural development to enhance their environmental performance.
  • How the Government of Costa Rica finances their PES scheme partly through a tax on gasoline.

 

Discussions during the event focused on some of the issues countries are grappling with to ensure coherence among policies, as well as the complementarity of public incentives for agriculture with REDD+ and biodiversity conservation efforts – and the achievement of sustainable development more broadly.

Among the key lessons learned and best practices identified were the need to:

  • Examine public incentives and their implications for REDD+ at the country level while articulating the benefits of REDD+ implementation at the country level in economic and financial terms.
  • Engage with agriculture and finance ministries to ensure that there is coherence among public incentives.
  • Develop clear objectives and metrics when reforming public incentives or creating new ones as well as to have a sound understanding of their economic, environmental and social implications.  

The presentations of the workshop can be accessed here.

For more information on the workshop, please contact Jacinto Coello (). 

 

 

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