Case studies for the development of a forest-specific risk toolbox for investment

我们正在以每3秒一个足球场的速度失去森林。需要紧急提供大规模资金，以防止进一步毁林和森林退化。然而，确保对与碳有关的森林资产进行充分和长期的投资是一项挑战，部分原因是逆转的责任，以及与这种投资有关的风险被认为很高或未知。需要更好地了解森林丧失的风险。因此，我们提出了一个知识交流森林特有风险工具箱，供投资界采用。五个示范案例研究将被用来说明如何NERC科学可以转换和使用有意义的方式由金融部门对森林资产感兴趣。这五个案例研究沿着反映当前和预测的森林投资需求的关键投资主题（木材、造林/再造林、降排+、自愿碳市场和森林债券）进行。我们建议利用正在进行的NERC KE网络“森林金融风险网络：实现稳定的投资环境”（以下简称网络-NE/IO 22183/1）。这项正在进行的工作的主要成果包括专家数据库和评估森林损失风险的工具。早期的研究结果强调，虽然英国有重要的专业知识和数据集，但金融界需要对其潜在用途进行演示（Davies & Patenaude，出版中）。我们请求全国环境风险中心提供为期12个月的资金，以支持以下三项活动：开发森林投资界将采用的森林特定风险工具箱;查明缺失的风险评估机会和工具;传播示范案例研究，说明如何将全国环境风险中心的数据和研究转化为易于使用的形式。我们现有（以及新的）合作伙伴（包括Willis RE Ltd.，ForestRe有限公司，全球林冠方案、经验证的碳标准有限公司、Enviromarkets有限公司、Ecometrica有限公司、Bosques Amazonicas有限公司、适应有限公司，爱丁堡气候变化中心和森林研究中心）清楚地表明了开展这项KE活动的必要性。他们将共同为这一KE倡议贡献超过10万英镑的现金和实物。我们的知识翻译人员将有效地开发工具箱，汇集案例研究并积极与用户互动。

We are losing forests at a rate of circa one football pitch every 3 seconds. Urgent and large scale financing is required to prevent further deforestation and forest degradation. Yet, securing sufficient and long-term investments in carbon-related forest assets is a challenge, partly because of the liability of reversals and because the risks associated with such investments are perceived as either high or unknown. Better information on risks of forest loss are needed. We therefore propose a knowledge exchange forest-specific risk-toolbox for adoption by the investment community. Five Demonstrator Case Studies will be used to illustrate how NERC science can be converted and used in meaningful ways by the financial sector interested in forest assets. The five case studies are structured along key investment themes reflecting current and forecasted demand for forest investments (Timber, Afforestation/ Reforestation, REDD+, Voluntary Carbon Market and Forest Bonds). We propose to leverage the ongoing NERC KE network 'Forest-Finance risk network: towards stable investment environments' (thereafter referred to as Network -NE/IO22183/1). Key deliverables to this ongoing work include a database of experts and tools for the assessment of risks of forest loss. Early findings highlight that while significant expertise and datasets in the UK are available, the financial community requires demonstration for their potential use (Davies & Patenaude, in press). We request NERC funding for a period of 12 months to support the following three activities: the development of the forest specific risk toolbox to be adopted by the forest investment community; the identification of missing risk assessment opportunities and tools; and the dissemination of the demonstrator case studies illustrating how NERC data and research can be converted into a form that can be readily used. The continuous support from our existing (as well as new) partners (including Willis RE Ltd., ForestRe Ltd., the Global Canopy Programme, Verified Carbon Standard Ltd, Enviromarkets Ltd. Ecometrica Ltd, Bosques Amazonicas Ltd., Acclimatise Ltd., The Edinburgh Centre on Climate Change, and the Forest Research) is a clear demonstration of the need for this KE activity. Combined, they will contribute more than £100,000 in-cash and in-kind to this KE initiative. Our Knowledge Translator will effectively develop the toolbox, bring together the case studies and proactively engage with the users.