|What is the issue?
||Degraded ecosystems cannot provide their many ecosystem services properly anymore, causing
risks not only for those who live on the land concerned, but throughout the watershed. Many
forests in the HoB are under threat of degradation.|
|Who is the seller?
||Communities or companies, or a combination of the two, whereby a company sub-contracts
implementation and monitoring to communities.|
|Who is the buyer?||Land owner, concession holder, government|
successful business model
- Acquire technical knowledge for ecosystem restoration;
- Build good relationships with local communities and involve them in planning process;
- Implement plan.
|What can banks do?
||Engage in public-private partnership with government to engage in biobanking (See biobanking
below) for conservation and ecosystem restoration.|
|What can the private sector do?
- Use and develop local community capacities in the industry;
- Support the tagal system by working closely with the local communities;
- Businesses can explore market and exploit the opportunity;
- Businesses can approach local communities who manage their forest sustainably to jointly
develop a restoration plan and subcontract their services in its implementation;
- Communities can form a business that provides ecosystem restoration services professionally.
|What can the Government do?
- Create a budget line for PES or ecosystem restoration and allocate budget;
- Make restoration mandatory for certain economic activities;
- ncentivize companies to restore degraded land by releasing restoration-concession holders
from land tax while restoration is in progress;
- Incentivize companies to apply for restoration concessions by granting them priority to
participate in the REDD+ scheme, once the mechanism is in place.
- Create a market by purchasing restoration services;
- Countries whose national development plans envision a knowledge-based economy, can use
related allocations to fund advanced technical training and knowledge transfer for
- Exempt concession holders from yearly permits (self approval of activities);
- Make restoration-concession eligible to obtain dedicated public funds.
- Securing natural capital: Restores the ecological functions of ecosystems and biodiversity; more
intact natural stocks (forest, soil, water, biodiversity) increase the flow of ecosystem services;
investing in timely ecosystem restoration prevents severe degradation in the future.
- Poverty reduction: Income can be earned, additionally or as a main profession, by community
groups implementing and monitoring restoration plans; more intact natural stocks increase
flow of potential revenue streams from ecosystem goods (forest products, fish, tourism) for
- Economic growth: By creating a market for these services, income can be gained from them,
adding to economic activity.
- Climate change mitigation / adaptation: Restoring forest ecosystems will create a buffer against
the impacts of climate change, as carbon sink function increases.