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Economics of forest restoration



Date & Time

28 March 2022


Mani Nepal

About the meeting

SANDEE is initiating a research project on the ‘Economics of Forest Restoration’ in collaboration with partners from four countries in South Asia – Bangladesh, Bhutan, Nepal, and Pakistan. The aim is to understand the economics of forest restoration as a carbon mitigation option and its distributional impacts on gender and marginalized groups.

In this regard, SANDEE is organizing a pre-inception meeting with all partners, funding organizations, advisors, and colleagues from ICIMOD to launch the Economics of Forest Restoration research project. The meeting will also bring together the research team to discuss the common understanding on the issues, methods, and process of the proposed research.

The research project is funded by the International Development Research Center (IDRC), Canada. Led by Mani Nepal, Programme Coordinator, SANDEE, ICIMOD, as Project Leader (Principal Investigator), the project duration is three years (February 2022–January 2025). Two SANDEE advisors, Jeff Vincent, Professor at Duke University, and François Libois, Professor at the Paris School of Economics, are also involved in the research. Research teams from the four countries will also be part of the project.



The IPCC’s 6th Assessment Report unequivocally states that anthropogenic activities have accelerated global warming at an unprecedented rate. Consequently, the intensity and frequency of extreme weather events such as heat waves, cyclones, intense precipitation, and droughts have been increasing, affecting the lives and livelihoods of people globally. Limiting human-induced global warming requires reduction of cumulative emissions of CO2 and other greenhouse gases. Forest restoration is expected to help limit global warming. Evidence suggests that in lower- and middle-income countries, such restoration is biophysically feasible for up to 2 billion ha of forest area. But this is not without economic and institutional challenges.



Rapporteur: Manashree Newa, Program Associate – SANDEE, ICIMOD.

Time (NST)


Resource persons


Group introduction

Mani Nepal, Programme Coordinator – SANDEE, ICIMOD


Opening remarks

Bhim Adhikari, Senior Program Specialist, IDRC


Background of the study

Jeff Vincent, Professor, Duke University


Country team presentation

AK Enamul Haque, Professor of Economics, East West University, Bangladesh


Country team presentation

Rinchen Namgay, Programme Coordinator, Ugyen Wangchuck Institute for Conservation and Environmental Research (UWICER), Bhutan


Country team presentation

Upama Koju, Senior Researcher, Forest Action, Nepal


Country team presentation

Hina Aslam, Ecologist, Sustainable Development Policy Institute, Pakistan


Question and answers

Open to all


AOB, Way forward and closing

Bhim Adhikari, Senior Program Specialist, IDRC

Philippus Wester, Regional Programme Manager, ICIMOD

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