BRIEFING PAPER: REDD+ FINANCE AND SAFEGUARDS

 

Informal Additional Sessions of the Ad Hoc Working Groups

UN Framework Convention on Climate Change, Bangkok, 30 August – 5 September 2012

 

Finance for safeguards implementation is essential to attract and sustain funding

To attract and sustain funding, REDD+ finance must operate within a governance framework capable of demonstrating compliance with social, environmental and governance safeguards. REDD+ must also be competitive in terms of risk and return, which is currently not the case. Forests are seen as a challenging environment fraught with regulatory uncertainty and perverse incentives for unsustainable practices.

  •  Key message: transparent national systems to implement, monitor and report on REDD+ safeguards and demonstrate that they are being addressed and respected throughout REDD+ implementation are essential to reduce risk, provide confidence to investors and ensure sustainable outcomes.

Governments have primary responsibility to build the enabling environment necessary for REDD+ implementation. Coordination among developed country donors is essential to support the development of frameworks for safeguards implementation and the establishment of effective safeguards information systems (SIS) in a participatory and inclusive way.

Read more: BRIEFING PAPER: REDD+ FINANCE AND SAFEGUARDS

Lessons Learned: Viet Nam UN-REDD Programme, Phase 1

Executive Summary

When Reducing Emissions from Deforestation and forest Degradation (REDD) became a headline issue at international climate change talks in 2007, few negotiators or observers had Viet Nam in mind. However, shortly after the 13th Conference of Parties (COP) to the UN Framework Convention on Climate Change (UNFCCC), in December 2007, Viet Nam, through the Ministry of Agriculture and Rural Development (MARD) was among the first countries to express interest in the World Bank’s Forest Carbon Partnership Facility (FCPF), which aims to support the development of national REDD programmes. MARD’s argument was that a recent record of expansion in national forest area, due to a successful afforestation programme, masked a steady decline in the area and quality of natural forest, which existing policies had been unable to address. These circumstances drew the attention of the Food and Agriculture Organization (FAO), the United Nations Development Programme (UNDP) and the United Nations Environment Programme (UNEP), when they launched their joint UN-REDD Programme in September 2008, making Viet Nam one of the original nine partner countries.

Read more: Lessons Learned: Viet Nam UN-REDD Programme, Phase 1

POLICY PAPER- Regaining Momentum: Priority Tasks for the Green Climate Fund at its First Board Meeting

Liane Schalatek

The Green Climate Fund (GCF) is to become the primary multilateral channel for large-scale financing for adaptation and mitigation action in developing countries. When the newly selected 24 members – 12 from developing, 12 from developed countries – of the GCF Board will finally come together for their first Board Meeting in Geneva in from August 23-25 after an arduous nomination process created delays of several months, their most important first task will be to regain momentum lost since December. At that time, the 17th Conference of the Parties (COP17) of the UN Framework Convention on Climate Change (UNFCCC) had approved the Fund’s governing instrument and in an accompanying decision laid out some important deadlines and clarifications.

Read more: POLICY PAPER- Regaining Momentum: Priority Tasks for the Green Climate Fund at its First Board...

Linking Adaptation and Mitigation through Community Forestry: Case Studies from Asia

Given the role that forests play in mitigation and adaptation to climate change, there are potential synergies between REDD+ and the ability of populations to adapt to the impacts of climate change. As many countries in the region develop their national adaptation strategies, explicit incorporation of forests within these plans needs to be ensured. Conversely, mitigation activities such as REDD+ rarely include explicit references to adaptation or the development of adaptive capacity (FAO, 2012). Additionally, failure to consider mitigation and adaptation in the context of forests and forest based communities may result in an undermining of sustainable forestry practices and a loss of rights and livelihoods among vulnerable communities.

Read more: Linking Adaptation and Mitigation through Community Forestry: Case Studies from Asia

UNFCCC Technical Paper on Financing Options for REDD+

The UNFCCC Secretariat has released a technical paper (FCCC/TP/2012/3) on financing options for the full implementation of results-based actions relating to the activities referred to in decision 1/CP.16, paragraph 70 (reducing emissions from deforestation and forest degradation in developing countries, and the role of conservation, sustainable use of forests and enhancement of carbon stock (REDD+)) including related modalities and procedures.

Read more: UNFCCC Technical Paper on Financing Options for REDD+

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