Successful peatlands restoration mostly highly depend on how diverse strategies, priorities and technologie that are applied in each project. Peatlands restoration also faces challenge on economic-social-environmental trade-offs that generate intense disagreement between stakeholders holding divergent interests (e.g. company concessions, communities and local government).
The disagremeent may come up due to lacking information about restoration benefit among stakeholders involved. Incomplete information sometimes leaving policy makers with little guidance with respect to the economic benefits. For example, information on benefit on a per hectare basis are compared to varying capital and recurrent cost in a net present value space that could provide a benchmark to be used in decision making on investments into peatland restoration.
The discussion will highlight different perspectives from speakers on what went right, what went wrong and what needs to be improved on the ground for investment on peatlands restoration. That is including sharing knowledge on the different levels of lessons learned in how to strengthen the economic/investment rationale for climate change mitigation through improved peatland management. Last but the least is create additional incomes for communities surround peatlands. As by providing economic opportunities for the communities relieves pressure on the forests, and deters illegal encroachment and burning.
Expected output would be a short summary on how to rationale balance the objectives of economy, community livelihoods, and peatlands conservation.
Organizers: ITPC, MoEF Indonesia