Transitioning to such a Climate-Smart Forest Economy will require comprehensive policy change based on sound science to drive market demand and investment. The transition will require a holistic understanding of the way carbon is sequestered from the atmosphere and stored. It will require a new way of thinking and a change in the narrative about forests and our built environment.
OUR THEORY OF CHANGE
39% of global emissions come from construction.
There is low demand for climate smart forest products.
The links between increased demand for climate smart forest products and positive climate and socio-economic outcomes require further research.
Sectors that need rapid decarbonization, such as construction, boost demand for sustainable forest products that meet social and ecological safeguards.
Science-based knowledge and safeguards support increased demand for climate smart forest products.
Breakthrough initiatives demonstrate how to maximize the Sink, carbon Storage, and fossil-carbon Substitution (3S) Functions of forests and forest products resulting in climate, social, and economic benefits.
Policymakers, practitioners, investors, and other stakeholders are engaged in a movement to increase demand for climate smart forest products.
Outcomes (by 2030)
100 million hectares of restored or new forest, storing 20 gigatons of carbon
2 million new jobs
$ 100 billion in commercial financing
Forest cover restored to pre-industrial levels. Significant contribution towards reversing the effects of climate change, while creating jobs and boosting the economy, both locally and globally.