FOLUR: Towards Deforestation-Free Commodity Value Chains

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00:03 We're leading as a World Bank,

00:04 the global platform.

00:05 And we're supported by our core partners.

00:07 We connect to 27

00:09 country level projects

00:11 which focus on 8 commodities,

00:13 and those commodities are very responsible

00:16 for the deforestation that's happened in the past.

00:18 So we can argue here what we're trying to do in the future is

00:21 to reduce the impact of these commodities and even use these commodities to drive

00:25 reafforestation.

00:26 So on halting deforestation,

00:28 sustainable agricultural production and food systems,

00:31 together with tackling the underlying drivers.

00:34 90% of the solution and this is precisely what Folor is working towards,

00:38 towards deforestation free

00:41 commodity value chains.

01:03 It's a broad program.

01:08 It's a $345 million

01:11 investment,

01:11 so it's the largest GEF funded integrated program.

01:15 So we're very proud

01:16 to have a leadership role in that.

01:18 The World Bank,

01:19 what people think of as a financing instrument,

01:21 but for me,

01:22 the World Bank is a knowledge bank.

01:23 We have a tremendous amount of information across many sectors,

01:27 and it's not just about the work we do at FOLO.

01:30 It's about the work we do at the bank.

01:31 Can we connect and bring that forward?

01:33 We've put forward a series of tools on

01:35 how to monitor and reduce deforestation.

01:37 Lots of ideas around technology,

01:39 connectivity,

01:41 you know,

01:41 how do we really connect these farmers to markets?

01:44 How do we improve all the systems around productivity,

01:47 and of course reduce food loss and waste.

01:49 All of these areas will eventually reduce deforestation,

01:53 reduce the need for more land,

01:55 and really try and consolidate agriculture

01:57 and make it a lot more viable system.

02:02 I think going forward in the future we've got some big questions to answer.

02:05 What is the European deforestation regulations that are coming forward,

02:09 because they're going to impact

02:10 on our countries,

02:12 our commodities that we work on.

02:14 All of those commodities have got to be compliant to new standards.

02:18 How do we introduce those standards so that

02:20 the markets remain open for these products?

02:30 We've launched

02:50 new tools,

02:50 initiatives urging people who look at these kinds of interviews and say

02:54 go to Folorw.org and see what we're doing.

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We're leading as a World Bank, the global platform. And we're supported by our core partners. We connect to 27 country level projects which focus on 8 commodities, and those commodities are very responsible for the deforestation that's happened in the past. So we can argue here what we're trying to do in the future is to reduce the impact of these commodities and even use these commodities to drive reafforestation. So on halting deforestation, sustainable agricultural production and food systems, together with tackling the underlying drivers. 90% of the solution and this is precisely what Folor is working towards, towards deforestation free commodity value chains. It's a broad program. It's a $345 million investment, so it's the largest GEF funded integrated program. So we're very proud to have a leadership role in that. The World Bank, what people think of as a financing instrument, but for me, the World Bank is a knowledge bank. We have a tremendous amount of information across many sectors, and it's not just about the work we do at FOLO. It's about the work we do at the bank. Can we connect and bring that forward? We've put forward a series of tools on how to monitor and reduce deforestation. Lots of ideas around technology, connectivity, you know, how do we really connect these farmers to markets? How do we improve all the systems around productivity, and of course reduce food loss and waste. All of these areas will eventually reduce deforestation, reduce the need for more land, and really try and consolidate agriculture and make it a lot more viable system. I think going forward in the future we've got some big questions to answer. What is the European deforestation regulations that are coming forward, because they're going to impact on our countries, our commodities that we work on. All of those commodities have got to be compliant to new standards. How do we introduce those standards so that the markets remain open for these products? We've launched new tools, initiatives urging people who look at these kinds of interviews and say go to Folorw.org and see what we're doing.

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