Declaration of main priorities for upscaling of commercial reforestation in Forest Landscape Restoration.
In order to consolidate the discussions and presentations at the Conference, we have attempted to elaborate a final statement of sorts, which we will refer to as the NFfA declaration. In the declaration, the conference organizers and their key partners emphasize that in order to reach AFR100 targets, upscaling of reforestation and forest restoration is needed urgently. They also urge for recognition that the private sector, with strong support of other stakeholders, is a main driver of successful and sustainable reforestation and forest restoration and should be supported and facilitated in upscaling of their activities. Among several urgently needed steps, the organizers outline a significant first step to be taken to implement these steps through development of a (NFFA) FUND with BLENDED FINANCE, allocating significant funding for GREENFIELD investments that can be used as incubator funds for larger impact investments. It should be noted that this declaration is a living document and not set in stone; on basis of further feedback from participants to the conference and other stakeholders it will evolve. The full declaration is available here.