Description
The BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is a multilateral facility, supported by donor governments and managed by the World Bank, that promotes reduced greenhouse gas emissions from the land sector, including efforts to reduce deforestation and forest degradation in developing countries (REDD+), climate smart agriculture (CSA), as well as smarter integrated land-use planning and policies. The pilot initiative aims to catalyze the development of a low-carbon, rural economy in each of its program areas that will simultaneously result in improved livelihood opportunities for communities and an overall reduction in land-use emissions. The ISFL programs work toward multiple objectives — including protecting primary forests, restoring degraded lands, and boosting agricultural productivity—so as to enhance local livelihoods while preserving essential ecosystems. They serve as in-country, strategic engagement platforms that mobilize, coordinate, and scale funding from different sources. Synchronizing multi sector and multi-partner land-use interventions can help to maximize the positive results of independent initiatives and broaden access to additional public and private sector funding.