What is the right balance between regulation and incentives to drive low carbon sourcing that delivers social equity?
11:00 - 11:45
At COP26 governments committed to end commodity-driven deforestation by 2030. If this is to be achieved, strong and effective legislation is necessary. Policy measures are under way globally, including due diligence legislation in the EU and the UK and the FOREST Act in the United States. However, many have criticised the proposed legislation for potential unintended consequences, arguing that the laws don’t actually tackle the root causes that drive deforestation in producer countries.
In this session our panel of experts will discuss:
- The optimal balance between regulation and incentives that promotes low carbon sourcing
- The current and expected regulatory landscape on deforestation
- How to frame forest protection as an opportunity to incentivise smallholder farmers and local communities