The African Development Bank (AfDB) and the Global Mechanism (GM) in collaboration with the Offering Sustainable Land-use Options Consortium (OSLO) are pleased to anounce a side event at Rio+20 on the Economic Valuation of Land: Advancing Land Management Towards a Green Economy on Thursday 14 June 2012 in the Rio Conventions Pavilion.
The side event is designed to convince decision makers in the governmental and private sector of the advantages of sustainable land management (SLM)-smart investment policies by demonstrating the considerable financial and socio-economic returns on investment that can be generated from responsible land use, both in fertile lands and marginal drylands.
While sustainable natural resource management in key land-use sectors, such as agriculture, energy and forestry should be one of the cornerstones of the green economy for sustainable development, food security and poverty eradication, SLM investments account for just 1 percent of Official Development Assistance (ODA), and budget allocations in developing and middle income countries in transition also remain very low.
By showcasing successful experiences from Africa and other regions, the event will illustrate the validity of integrated ecosystem valuation approaches, such as those adopted by the OSLO consortium and the Economics of Land Degradation (ELD) initiative, in stimulating SLM investments and facilitating the transition to a green economy. A panel discussion will address key questions such as what drives investments in land and how land evaluation methodologies can be improved to better guide governments in assessing large-scale land-based investments.
The event will be moderated by Prof John Soussan, the OSLO Scientific coordinator, and include high level panellists from governments, partner organizations, the scientific community and the private sector.
FOR MORE INFORMATION:
Mr Simone Quatrini, Coordinator, Policy & Investment Analysis
Tel. +39 06 5459 2154
s.quatrini (at) global-mechanism.org
