Russia: Forest Sector Study – A Roadmap for Value-Added Investments in the Forest Industry
The Russian Far East (RFE) accounts for one-third of the country’s territory and contains more than 9 percent of the world’s forests. Rural livelihoods, biodiversity, the regional and national economies, and the international wood products market are all inextricably linked to this region, which also plays an important role in global climate stabilization.
In 2013, the European Bank for Reconstruction and Development (EBRD) and the Food and Agriculture Organization of the United Nations (FAO) came together to promote viable forest industry investment through sustainable use of forest resources. The first step of this collaboration is the project, “Forest Sector Study of the Russian Far East -- A Roadmap for Value-Added Investments in the Forest Industry”.
After analyzing current forest policy, management, market and investment opportunities, EBRD and FAO identified the following focus areas that require immediate policy actions to improve enabling environment for sustainable forest industry development in the RFE:
• improved legal/ policy frameworks
• sustainable management of forest resources
• developed infrastructure
• qualified human resources
The tangible result of this joint project was an Investment Roadmap that defines the pathway to sustainable investment through supportive government policies. The Roadmap was created with the help of local and international experts, NGOs, academia, private sector, and government. It was presented at an Investment Forum in Vladivostok on 23 October 2013.
EBRD has financed a number of projects in the Russian Federation over the past 20 years, particularly in the forest industry of northwest Russian Federation. FAO draws upon extensive experience in sustainable forest management and policy. By working together in the Russian Far East, EBRD and FAO bring decades of knowledge and best practices in capacity development, sector analysis, supportive investment policies, and public-private policy dialogue.