The long-term development and sustainable utilisation of forests and natural resources requires well-planned and predictable financing. This financing can come from public and private sources, both domestic and foreign. The Programme supports the Eastern Partnership countries in identifying innovative financing schemes for the sustainable management of forests and ecosystem services. The countries will be supported by sharing regional and international experience on green finance instruments and by engaging with researchers and practitioners working on natural capital economics and payments for environmental services. Support will also be provided to raise awareness about green finance instruments for the forestry sector.
This work is implemented by the World Bank.