[{"bbox": [122, 153, 1130, 260], "category": "Text", "text": "production including a quadrupling of coffee production and expansion of palm oil areas. Indeed, the National Agricultural Development Plan had targeted a doubling of the area under agricultural production – something that is not feasible without enhanced deforestation. That is why, it is crucial to consider close coordination with sector government agencies through expansive consultations and capacity building interventions."}, {"bbox": [93, 270, 1130, 511], "category": "List-item", "text": "- **Importance of positive narratives for change and clear messaging** - Establishing an integrated system that ensures private sector actors are listened to and focuses on what can be done to improve a sector is critical to ensuring constructive processes. Clarity of information on expectations of the engagement process and potential impacts is also important to supporting clear engagement from private sector groups who may have more restricted timelines and focused issues they wish to address. In PNG both the forestry and palm oil sector had long been a target for advocacy groups and initially perceived the REDD+ process as one that would be ‘against’ them. Through positive engagement and action to ‘break down’ REDD+ language to enhance understanding, these groups increased their participation and were instrumental in shaping elements of the REDD+ strategy and technical responses proposed including work on timber legality and palm oil certification."}, {"bbox": [93, 521, 1130, 894], "category": "List-item", "text": "- **Importance of international linkages** - Global market signals have a significant impact on decision-making by the private sector and levels of interest and willingness to engage with programmes of change within producer countries. The absence of clear signals within target markets can significantly undermine efforts towards change. Within PNG timber exports are primarily to Chinese and south east Asian markets which currently have relatively low demands for sustainability certification. A number of initiatives working to highlight the challenges of forest clearing in PNG and its place within international supply chains that include timber processing in China as well as action in China to support moves towards stronger legality checks has helped to strengthen engagement by private sector groups interested in how REDD+ action can help support improved standards and legality assurances. In the palm oil sector PNG’s exports have historically been for European markets that now require certification. New entrants targeting growing markets in Asia however are not being faced with the same market requirements. Addressing competing demands and perceptions and working to ensure the industry is ‘future proofed’ is thus challenging. Action was taken to bring together key buyers within the European markets to demonstrate interest and future demand for PNG sustainable palm oil as a means to show clear market opportunities to decision makers and private sector groups alike."}, {"bbox": [93, 905, 1130, 1197], "category": "List-item", "text": "- **Need to consider broader investment environment** - Development of new sustainable production practices within a producer country often requires significant international investment. This investment can be difficult to attract if the broader investment environment of a country is not conducive. Regulations on foreign investment, tax rates and rule of law (contract enforcement and security) can all have impacts on investment decision making well beyond the potential of incentives for sustainable practices. Capacity to address these issues requires a broader engagement process as well as engagement with key central ministries that may be beyond the original scope of an engagement process. Within PNG early assessments identified key challenges in policies and regulations linked to tax breaks for land clearing as well as challenges for foreign direct investment. Based on this action was taken to engage a broader sphere of stakeholders including the Investment Promotion Authority as well as the Internal Revenue Commission and the Department of Commerce and Industry."}, {"bbox": [93, 1209, 1130, 1317], "category": "List-item", "text": "- **Value of targeted and “bankable” investment opportunities** - While private sector groups are enthusiastic to ensure the creation of effective policy and regulatory frameworks that are supportive and place reasonable demands on their industry, there is also significant value on the presence of bankable projects that can allow early action and demonstrate opportunity while also testing systems and approaches."}, {"bbox": [93, 1328, 1130, 1542], "category": "List-item", "text": "- **Access to finance** - In PNG the customary land tenure system has made the early identification of site-specific opportunities challenging. This has left potential investors with a limited number of tangible investment options that they could engage with. This has slowed the movement of new and innovative finance into PNG and put pressure on engagement processes. These include the value of shared cross-sector learning as a means to establish a common baseline of knowledge, as well as establishing a shared understanding of different perspectives and knowledge across sectors and the value of key champions of change within the private sector who are able to demonstrate sustainable business models and act as a mechanism for investments, and crucially add a strong, varied and respected voice to engagement processes."}, {"bbox": [93, 1553, 1130, 1607], "category": "List-item", "text": "- **Land ownership & benefit-sharing agreement needs to be improved** as well as FPIC processes so that landowners can get a fair benefit such as sustainable livelihood projects, infrastructures and social & health"}, {"bbox": [86, 1657, 203, 1682], "category": "Page-footer", "text": "Page 18 of 32"}]