Duncan Macqueen, IIED Forest Team Leader |
Forestry experts at the International Institute for Environment and
Development (IIED) have called on investors to invest in locally controlled
forest as the sector offers a triple investment returns.
The Head of forest team at IIED, Duncan Macqueen said the investment
would also lead to secured income streams for people that depend on forest for
survival which would in turn give better prospects for forest protection.
Macqueen revelation, according to NaijaAgroNet
findings show that investment in locally controlled forestry also needs
advocacy in a bid to secure and formalise commercial forest rights as well as
business capacity development to convert the rights to self-sufficient
businesses.
He also preached organisation should build to achieve scale efficiencies
and market negotiating power, and deal brokering so as to ensure that investors
play fair with local groups.
Yinka Awosanya
... Linking agrobiz, people & technology
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