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Investor Presentaiton

Punjab Forest Policy, 2019 brought if causes of deforestation and forest degradation are overcome. In consonance with the deliberations of the United Nations Intergovernmental Forum on Forests in 2000, the underlying causes of deforestation and forest degradation in the province are interrelated and are often socio-economic in nature that include: poverty; lack of secure land tenure patterns; inadequate recognition within national laws; inadequate cross-sectoral policies; under valuation of forest products and ecosystem services; lack of participation; absence of a supportive economic climate that facilitates sustainable forest management; illegal trade; limited alternate sources of energy; lack of capacity within Forest Department; policies that encourage the conversion of forest land to other uses. In a major policy shift The Punjab Forest Policy 2019 emphasizes on avoiding and discouraging commercial exploitation of forest resource on state forestland and enhancing intangible benefits like environmental / ecological, socio-cultural and regulatory functions. It prefers increasing and conserving such resources as biological reserve and ecological assets for providing eco-system services. The forest resource on farmlands continue to be utilized for meeting the local requirements. The policy has been made flexible to cater for the needs and consequences of emerging issues such as Climate Change, international obligations and other cross sectoral requirements. The element of regular and sustainable flow of financial resources to implement the policy directions has been emphasized because forestry is essentially a long term activity. An enabling environment for providing scientific basis for increasing forest cover has been provided by supporting forestry research & extension, and consistent capacity building of available human resource through in-service training. 4.1 THE FOREST POLICY, 2019 Goal Develop, maintain and maximize forest resources in a scientific, environmentally sustainable, ecologically stable, economically viable and socially acceptable manner. 4.2 Objectives are: The basic objectives that should govern the Punjab Forest Policy I. II. III. IV. Preserve, conserve, develop and enhance existing forest resource and tree cover in the Province in line with the National Forest Policy. Improve tree cover on private and farm lands through agroforestry practices supported by an independent extension service within the Department. Promote Public Private Partnership to encourage investment opportunities in forestry sector, in addition to sponsorship for afforestation through Corporate Social Responsibility. Strengthen & diversify the forest research activities to support planning process, integrating the enhancement of in-service training to meet emerging challenges of forestry sector. 11 | Page
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