Towards a deforestation-free future: The demand-side challenge
Towards a deforestation-free future: The demand-side challenge.
Over the past decade, a variety of demand-side initiatives and innovative finance mechanisms to promote deforestation-free commodity supply chains have been implemented by governments, the private sector, and civil society to safeguard tropical forests. Nonetheless, a lack of demand from domestic and global markets for sustainable products remains a key challenge. This also results in alack of awareness amongst consumers and a regime of trade and finance that undermines the case for sustainability.
Indonesia is host to some of the largest areas of remaining forest in the world while at the same time has one of the highest rates of deforestation. The commitment by President Yudhoyono in 2009 for 26-41% greenhouse gas emission reductions by 2020 – of which 80-90% are mandated to be achieved in the agriculture, forestry and other land use sectors - paired with the national REDD+ programme, epitomise the pioneering efforts that Indonesia has made in recognition of the challenges at hand. However, deforestation persists and needs to be reduced sustainably. For this, stronger engagement and commitment of the private sector is key, as ultimately, the sector accounts for 70% of the world’s GDP.
Sponsoring Organization: UNDP, UNEP, United Nations Office for REDD+ Coordination in Indonesia (UNORCID) and other Civil Society Organisations