ISFL at a Glance
The BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) is a multilateral fund, supported by donor governments and managed by the World Bank. It promotes reducing greenhouse gas emissions from the land sector, including efforts to reduce deforestation and forest degradation in developing countries (REDD+), sustainable agriculture, as well as smarter land-use planning, policies and practices.
The ISFL currently supports programs in Colombia, Ethiopia, Indonesia, Mexico, and Zambia. These large-scale programs are pioneering work that enables countries and the private sector to adopt changes in the way farmers work on the ground, as well as informing policies made at the international level.
Forests are not only the lungs of the planet, but they are also at the heart of many of the world’s most pressing challenges. Forests produce food for a growing population; they regulate greenhouse gas (GHG) emissions and reduce the impact of extreme climate events such as storms and heat waves. Their role in protecting critical infrastructure and providing a source of energy often goes unnoticed. Not only are forests the guardians of biodiverse ecosystems, they are also home to some of the world’s most vulnerable populations.
Despite their importance to life on earth, forests are threatened by pressures to convert land for agricultural production, energy expansion, mining, infrastructure development, and urban expansion. Deforestation, forest degradation, and land-use change alone are responsible for nearly a quarter of the world’s GHG emissions.
New tools and approaches to address deforestation, climate change, and sustainable development offer hope. The global community is increasingly aware of forests’ importance to the global economy and the risks that forest loss poses to economic productivity, supply chains, and global well-being.
Building on momentum at the international, national, and subnational levels, climate-smart land-use approaches—applied across agriculture, forestry, and other land-use sectors—offer innovative and effective solutions to address the multifaceted challenges of deforestation and land-use change.
Today, there is a huge network of governments, businesses, civil society, and local communities working to advance the land-use carbon agenda internationally. Building on the BioCarbon Fund’s 15+ years of experience, the ISFL is creating a portfolio of programs that will promote sustainable agriculture, forestry and smarter land-use practices in an integrated approach. ISFL programs cover a variety of geographies and will transform large rural areas by protecting natural forests, restoring degraded lands, and enhancing agricultural productivity, thereby improving livelihoods and local environments.
Now more than ever, it is imperative that countries and the private sector redouble their efforts and forge new partnerships to achieve a much more sustainable future for life on our planet. The ISFL aims to play a key role in that pursuit.
Partners and Stakeholders
Partnerships with public and private sector actors are essential to mobilize capital and align objectives to create sustainable and scalable models for long-term improved land use. The ISFL partners with a wide range of partners and stakeholders to reduce greenhouse gas emissions from land use across an entire jurisdiction while simultaneously creating livelihood opportunities.
The ISFL has two key funding instruments, the BioCFplus and BioCF Tranche 3, which have been designed specifically to operationalize the vision of the ISFL.
BioCFplus supports grant-based technical assistance activities and capacity-building efforts in each jurisdiction. It provides the critical investment finance needed to establish an enabling environment for sustainable land use and develop systems for monitoring, reporting, and verifying greenhouse gas (GHG) emission reductions. In addition, BioCFplus directly finances advisory service projects aimed at attracting private sector interest in ISFL jurisdictions, which can benefit farmers and other private sector actors.
BioCF Tranche 3 (T3) provides results-based payments for verified reductions in GHG emissions through an Emission Reductions Purchase Agreement (ERPA). The BioCFplus in combination with results-based finance from BioCF T3 allows ISFL programs to use tools and approaches tailored to a country’s specific context.
The BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) collaborates with countries around the world to reduce emissions from the land sector through smarter land-use planning, policies, and practices.