Policy Brief: Opportunities for AFOLU Emissions Reductions in Lam Dong
The agriculture, forestry and other land use (AFOLU) sector is responsible for close to a quarter of global GHG emissions. In Vietnam, the proportion of emissions from the AFOLU sector is even higher at 50%. Despite its importance, the AFOLU sector has traditionally only attracted a small amount of private climate finance. Sustainably financing AFOLU emissions reductions will require much greater mobilization of private resources. In aiming to build on its contribution to the development of the Lam Dong Provincial REDD+ Action Plan (PRAP), the USAID Lowering Emissions in Asia’s Forests (USAID LEAF) program conducted a scoping study to identify opportunities for private sector involvement in reducing emissions from AFOLU value chains in the province.