Roots of Prosperity: The economics and finance of restoring land

Authors:
Ding, H., S. Faruqi, A. Wu, J.C. Altamirano, A. Anchondo Ortega, M. Verdone, R. Zamora Cristales, R. Chazdon and W. Vergara

Publication Date:
2017

Abstract/Summary:
The premise of this report is that there is an urgent need to increase financing for restoration, and there are many pathways to make this happen. This publication explains seven key barriers to investment in restoration and highlights policy solutions and financial mechanisms—many of which are already in play—that can be used to overcome these barriers. Through a discussion of the financial and economic issues surrounding restoration, the report encourages governments and practitioners to conduct analyses and enact strategies that support forest and landscape restoration.

Relevance for the Short Term Action Plan on Ecosystem Restoration:
This report discusses the economics and finance of land restoration, including how to prioritize projects based on specific objectives, and estimate the effects of restoration on job creation, GDP growth, poverty alleviation, food security, and greenhouse gas emissions. It specifically discusses costs and benefits of restoration (A4) and how smart policies and innovative financing (A5) can help governments meet their restoration targets.

STAPER categories:
  • A4: Assess the costs/benefits of ecosystem restoration
  • A5: Assess institutional, policy, and legal frameworks & identify financial/technical resources

Resource Type:
White Paper

Source:
World Resources Institute

Link:
https://www.wri.org/sites/default/files/roots-of-prosperity.pdf