Making local forest-based businesses bankable
Investments in sustainable forest management and forest-based value chains have major climate and development benefits. These investments are critical to drive a transition towards a greener, healthier and more resilient future, and achieve the SDGs. Public resources alone are not enough to achieve these goals and now, more than ever before, it is essential to leverage private capital. Dialogues between local forest producers and private investors have clarified the constraints that developing countries face in mobilizing private investments. A key constraint is the limited pipeline of project proposals that meet minimum investment criteria, provide sufficient detail, and/or have clearly assessed risks and ways to manage them. A consistent recommendation from such dialogues is that small and medium forest producers need improved skills to properly value their assets, position and integrate into value chains, scale up their operations, and develop sound business plans. FAO and partners have taken on the challenge to promote inclusiveness and sustainability in forest value chains and finance. In this paper we summarize the content of a 10-module learning guide to help producers develop bankable business plans. We then discuss some lessons learned from supporting local forest producers in Kenya and Uganda in the application of the guide. Among these lessons are aspects of business planning that are especially important to support forest and landscape restoration. We then offer recommendations on what development actors can do to scale up the development of bankable business plans in the forest sector. Keywords: forest-based businesses; sustainable forest management; private investments; business development; bankability. ID: 3486959
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| Format: | Article biblioteca |
| Language: | English |
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FAO ;
2022
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| Online Access: | https://openknowledge.fao.org/handle/20.500.14283/CC1382EN http://www.fao.org/3/cc1382en/cc1382en.pdf |
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