On 29 April 2024, EFI organized its ThinkForest webinar which focused on sustainable finance and biodiversity in the context of the EU Taxonomy. CEPF Secretary General, Fanny-Pomme Langue participated in the panel discussion and addressed the question of forest owners’ motivation to look for private funding opportunitie
On 29 April 2024 EFI organized its ThinkForest webinar.
The webinar explored sustainable finance and biodiversity in the context of the EU Taxonomy, asking:
- How can we define criteria and indicators for biodiversity maintenance as well as improvement for forest ecosystems?
- How can we make sure and monitor that these biodiversity-related criteria and indicators are met (e.g. in forest restoration)?
- How can private finance support biodiversity protection and enhancement and make it their business case?
CEPF Secretary General, Fanny-Pomme Langue participated in the panel discussion and addressed the question of forest owners’ motivation to look for private funding opportunities. Among others, the level of ambition set, the contractual terms and the need to fit to multifunctional forest management are key ingredients for this motivation.
She also commented on the EU Taxonomy Regulation, reminding why CEPF published dissenting views on the sustainable finance platform biodiversity related recommendations. Regarding the next steps to implement this Regulation, she called for locally suited conditions, realistic level of ambition recognising the benefit of sustainable forest management, as well as actions oriented approach when it comes to the next steps for defining these technical criteria.
The recording of the webinar can be found here.