A Guide to Monitoring and Evaluation of the Non-legally Binding Instrument on all Types of Forests (NLBI)
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Every year, forest loss and degradation is costing the global economy between USD 2 and 4.5 trillion in lost revenues, according to a global study published by The Economics of Ecosystems and Biodiversity (TEEB) in 2010. Furthermore,they produce 17% of worldwide greenhouse gas emissions. Forests have a huge potential as carbon stores and provide livelihoods and subsistence for a considerable part of the rural population in developing countries. Their significance on a global scale reinforces t he importance to manage them in a sustainable way.
