scholarly journals Attracting private investment into REDD+ projects: An overview of regulatory challenges

Author(s):  
Sophie May Chapman ◽  
Martijn Wilder

To date, forest carbon projects around the world have faced common challenges within what are nonetheless unique, country-specific legal and political systems. These issues include the role of land tenure in forest carbon projects, the importance of legal frameworks in clarifying the legal foundations for forest carbon projects (such as with respect to the right to carbon or the process under which forest carbon projects can be approved) and the need to properly address leakage, additionality, permanence, and community and biodiversity benefits within forest carbon project design. By addressing these issues, both international and national regulation has a role to play in creating the enabling conditions for private sector investment. This paper will provide an overview of the regulatory issues that need to be addressed to enable private sector investment into REDD+ projects by 1) outlining current international policy, noting the role of the private sector in REDD+ implementation and describing the voluntary market’s role as a testing ground for early forest carbon projects; 2) discussing REDD+ implementation from a project-level perspective, including both the general and legal issues that need to be addressed in REDD+ project design; and 3) considering how these lessons (drawn largely from land-based forest carbon projects) apply to mangroves, peatlands and other wetlands as sites for implementing REDD+ activities.

2020 ◽  
Vol 5 (1) ◽  
pp. 817-825
Author(s):  
Susanna L. Middelberg ◽  
Pieter van der Zwan ◽  
Cobus Oberholster

AbstractThe Zambian government has introduced the farm block development programme (FBDP) to facilitate agricultural land and rural development and encourage private sector investment. This study assessed whether the FBDP achieves these goals. Key obstacles and possible opportunities were also identified and, where appropriate, specific corrective actions were recommended. Qualitative data were collected through semi-structured interviews conducted in Lusaka with various stakeholders of the FBDP. The FBDP is designed to facilitate agricultural land development and encourage private sector investment. However, the programme falls far short in terms of implementation, amidst policy uncertainty and lack of support. This is evident by the insecurity of land tenure which negatively affects small- and medium-scale producers’ access to financing, lack of infrastructure development of these farm blocks, and constraints in the agricultural sector such as low labour productivity and poor access to service expertise. It is recommended that innovative policy interventions should be created to support agricultural development. This can be achieved by following a multistakeholder approach through involving private, public and non-profit sectors such as non-governmental organisations (NGOs) and donors.


Author(s):  
Albert Mafusire ◽  
Zuzana Brixiova ◽  
John Anyanwu ◽  
Qingwei Meng

Private sector investment opportunities in Africa’s infrastructure are huge. Regulatory reforms across African countries are identified as critical to the realization of the expected investment flows in the infrastructure sector. However, planners and policy makers need to note that there are infrastructure deficiencies in all subsectors with low income countries (LICs) in Africa facing the greatest challenge. Inefficiencies in implementing infrastructure projects account for USD 17 billion annually and improving the capacity of African countries will help minimize these costs. In this regard, the donor community must play a greater role in African LICs while innovative financing mechanisms must be the focus in the relatively richer countries of the continent. Traditional sources of financing infrastructure development remain important but private investment is critical in closing the current gaps. Countries need to devise mechanisms to exploit opportunities and avoid pitfalls in investing in infrastructure.


2018 ◽  
Author(s):  
Presya Ramadhan

This paper examines the role of Middle East Investment Initiative (MEII) in development in the West Bank, Palestine in the U.S.-Palestine Partnership (UPP) framework. Answering the question of how the role of the Middle East Investment Initiative (MEII) in development in Palestine in the US-Palestine Partnership (UPP) framework and how the contribution of Public-Private Partnership (PPP) to development in Palestine, the author's thesis statement is that amid diplomatic and territorial disputes, The Middle East Investment Initiative (MEII) as a public-private partnership becomes the main channel for collecting and channeling development assistance such as resources and private sector investment that can benefit the West Bank and bring prosperity to people Palestinians. While the private sector such as the Middle East Investment Initiative (MEII) cannot do much to address diplomacy or security issues, the private sector can play an equally important role through the contribution of resources and investment to conflict areas such as Palestine to help economic development In the West Bank, Palestine.


Author(s):  
Yasmine Mahmoud Elgazzar

    The paper illustrates the role of investment in the roads transportation sector development in Egypt. As the investments is considered an important source of external funding especially for countries that are characterized by low level of savings and investments like Egypt. As the country is seeking to attract many investments in order to work on the expansion and the construction of new urban communities and industrial centers. Egypt also is trying work on extending the roads networks between the different regions. The thing that made it a necessity for Egypt to attract the private investment sector as source to finance these investments in the transportation sector. To achieve the objective of the paper, both inductive and descriptive analytical approaches will be combined. The study concluded that there should be integration between economic activity plans and expansion plans in transport activities depending on the size of investment and also encourage the private sector to provide many investments to help the growth of industries, intensify investment and participate in the wheel of economic development.   ، ، ، ، ، ،


2021 ◽  
Vol 14 (3) ◽  
pp. 45
Author(s):  
Eugene L Chia ◽  
Augustin Corin B Bi Bitchick ◽  
Didier Hubert ◽  
Mirrande M Azai ◽  
Maxime M Nguemadji

The international community has acknowledged the critical role of results-based avoided deforestation and forest degradation, sustainable management of forest, conservation and enhancement of carbon stocks (REDD+) activities in curbing climate change. However, ensuring that REDD+ programs and projects deliver carbon and non-carbon results, remains a challenge. This paper analyses results-based determinants in REDD+ projects in Cameroon. Experiences from these projects are expected to inform the design and implementation of sustainable and effective REDD+ projects. It draws on data collected from feasibility study reports, project design documents, project evaluation reports and the opinions and perspectives of 86 REDD+ stakeholders. Findings indicate that projects employed a combination of incentives, disincentives and enabling measures towards achieving the intended REDD+ results. However, none of the projects proposed conditional incentives (direct payments) to land owners and users, the key innovation brought by REDD+. Despite the fact that these projects are branded REDD+ projects, they offer little or no experiences on the relationship between REDD+ payments and carbon and non-carbon outcomes. Achieving results from REDD+ projects depend on how effective choices are made by stakeholders in relation to the type of instruments/interventions and the location of projects, and the ability to make choices further depends on the technical capacity of stakeholders. Thus, the capacity of stakeholders to be involve in REDD+ project design and implementation should be strengthened, in order for them to better appraise the results-based requirements of REDD+.


2020 ◽  
Vol 8 (1) ◽  
pp. 54-60
Author(s):  
V Chitra ◽  
R Gokilavani

Global warming is increasing; therefore, Change is the law of nature. The changes like the environmental and climatic conditions, are one of the most complicated issues faced by the growing society. The survival of the fittest contributes to the idea of adaptation to the changes in society. Today’s business is all about being green, and companies use this as a key strategy to expand its market and impact society. Even the top companies like Amazon to apple are moving in a great way towards green. The economic development lies in the palms of the banks being the financial organizations.Green banking means a financial institution, typically public or quasi-public, that uses innovative financing techniques and market development tools in partnership with the private sector to accelerate deployment of clean energy technologies. Green banks use public funds to leverage private investment in clean energy technologies that, despite being commercially viable, have struggled to establish a widespread presence in consumer markets. Green banks seek to reduce energy costs for ratepayers, stimulate private sector investment and economic activity, and expedite the transition to a low-carbon economy. Adoption of green banking practices will not only be useful for the environment but also benefit in greater operational efficiencies, minimum errors and frauds, and cost reductions in banking activities. The present paper aims to highlightIndian initiatives and adoption by various banks towards green banking in India. Further, an attempt has been made to highlight the major benefits, confronting challenges of Green Banking.


Author(s):  
Osuoha Chionyeka ◽  
◽  
Theresa Udenwa ◽  
Nneka Nwala ◽  
◽  
...  

This study empirically analyzed the effect of Public Debt and Private-Sector Investment in Nigeria (1986-2017). This study employed secondary data in the analysis. The study used the ordinary least square method (OLS) and Error Correction Model (ECM) tools of analysis in the investigation of the impact and relationship among the economic variables. The Ordinary Least Squares (OLS) and the Error Correction Models show that there is a strong relationship between Private Investment (PIVN)in Nigeria and Public Debt in Nigeria. Public Debt in Nigeria has a negative effect on the economy both in the short run and long run especially the Public Domestic Debt in Nigeria and Public External Debts in Nigeria. This is because the more government borrows from both the domestic and the external the more it crowds out investment especially the domestic debt crowds out private investment through lack of access to funds. The ECM result revealed that Public Debt Service in Nigeria has a positive effect on Private Investment (PIVN)in Nigeria, this is because when the government pays back loans or debts, it increases access to funds by the private investors thereby increasing the level of private investment in the country. Therefore, the study recommends that government should design a mechanism for effective and efficient Public Debt Service Management in Nigeria to increase access to funds by private investors and thereby increasing and enhancing Private Investment (PIVN) in Nigeria.


2012 ◽  
pp. 115-133
Author(s):  
Yugichha Sangroula

The proliferation of transnational crimes has made protection of victims of trafficking all the more imperative. However, as the general definition of a victim is hazed by surfacing mixed migratory patterns, legal frameworks on their protection have become unaccommodating to some victims. The role of refugee legal framework in such circumstances for added and/or supplementary protection of such victims is very consequential and the nexus between these areas is not uncanny. Whether be it the vulnerability of refugees to be trafficked or the legitimate claim of victims of trafficking on voluntary repatriation or non-refoulement that gives rise to asylum claim, adducing refugee legal framework has become essential. There needs to be burden-sharing arrangements among the countries of origin, transit and destination and concerned agencies such as UNHCR and IOM to provide utmost legal assistance to the victims of trafficking. The obligation to protect demands states to refrain from treating the victims of trafficking as illegal immigrants and any denial of protection should be reasonably justified, including the right to asylum on well-founded grounds of persecution. States are also obligated to address the challenges persistent in the concerned area.


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