ITTO-BMEL PROJECT (PP-A/54-331A)
"PROMOTING QUALITY TIMBER PRODUCTION
IN SMALLHOLDERS AND COMMUNITY-BASED TEAK AND
OTHER VALUABLE SPECIES PLANTATIONS
IN THE TROPICS"
The Project aims to significantly improve the prodiction of high-quality timber from teak and other valuable species plantations established by smallholders and communities in the Asia-Pacific and West Africa. This will be achieved by promoting policies to secure high quality planting stock, adoption of best silviculture practices, access to financing to promote longer rotations, value addition, and improved timber legality, Key activities include promoting financial schemes that invest in high-quality teak production with long rotarions and provide access to voluntary carbon markets.
Tapping into the carbon credit markets would provide additional incentives and support the global effort on climate change mitigation. Furthermorem it facilitates regional and international cooperation for sustainable smallholder plantations. Through the effective implementation of policies and the promotion of collaboration promotionm this Project will contribute to improving the economic outcomes of smallholder and community platations in the tropics.
DEVELOPMENT OBJECTIVE
To contribute to increasing the economic and social contributions of smallholder teak and other valuable species plantations in the tropics to facilitate the achievement of the SDGs for a sustainable future.
SPECIFIC OBJECTIVES
To improve the production of high-quality timber from teak and other valuable species plantations established by smallholders and communities;
To improve livelihoods and social and environmental outcomes through better silviculture practicesm efficient wood transport and small-scale processing, financial schemes (long rotations) and access to voluntray carbon markets, as well as regional and international collaboration.
