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A new report published by the World Economic Forum in collaboration with Deloitte
Our planet is in crisis. While urgent action is needed to accelerate pathways to reduce reliance on fossil fuels, there is no viable option to keep the 1.5-degree climate target alive without also protecting, restoring and managing nature.i
Investment has started to flow to landscape conservation and restoration projects, both to offset carbon emissions and to propel positive co-benefits such as fresh water, clean air, biodiversity protection and human wellbeing.
While many projects take place on lands that are under Indigenous ownership or custodianship, involvement of Indigenous peoples as potential investment leaders and ecological knowledge-holders has often been limited.
Enabling Indigenous leadership in landscape conservation and restoration projects will result in a more just and equitable transition to a low carbon future. It’s a focus on embedding Indigenous Knowledge to ensure that projects are designed and implemented in ways that drive long-term, system-wide benefits and positive outcomes.
There are five complexities that investors should seek to understand as a precursor to engaging with Indigenous peoples. All emerge from the legacies of settler-colonial movements.
In addition to understanding these complexities, investors should seek to ensure that their projects respect both the rights and responsibilities of Indigenous peoples in their landscapes.
Working with different cultures and Knowledge systems is always complex and often exhilarating. While every Indigenous group has its own unique culture and values, there are a range of landscape-led philosophies that are generally shared across local and global communities. Three interrelated cross-cultural Indigenous concepts to keep top of mind:
The degree to which Indigenous Knowledge can be embedded in a landscape conservation or restoration project is directly correlated to the extent to which Indigenous peoples can play a leadership role in the investment. For investors, there needs to be a focus on six key areas:
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