* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download Introduction to the FCPF - The Forest Carbon Partnership Facility
Survey
Document related concepts
Climate governance wikipedia , lookup
Mitigation of global warming in Australia wikipedia , lookup
Climate-friendly gardening wikipedia , lookup
Climate change feedback wikipedia , lookup
IPCC Fourth Assessment Report wikipedia , lookup
Low-carbon economy wikipedia , lookup
Citizens' Climate Lobby wikipedia , lookup
Carbon Pollution Reduction Scheme wikipedia , lookup
Politics of global warming wikipedia , lookup
Business action on climate change wikipedia , lookup
Biosequestration wikipedia , lookup
Reducing emissions from deforestation and forest degradation wikipedia , lookup
Transcript
Forest Carbon Partnership Facility Introduction to the FCPF Global Dialogue on Developing a Readiness Preparation Proposal August 13-14, 2009 What is REDD? • “Reducing Emissions from Deforestation and Forest Degradation in Developing Countries” • Attempt to recognize role of forests in climate change mitigation – Forests are needed to achieve +2°C objective – 20% of the problem 20% of the solution? • Discussed in UNFCCC negotiations as part of ‘post-2012’ climate regime – Excluded from Clean Development Mechanism – Allowed for Annex I countries and under Joint Implementation – No forest activities in the EU Emissions Trading Scheme National forest cover Following traditional development paths, most countries lose most of their native forests North Amazon Basin Congo Basin South Amazon Basin Europe North America South East Asia North East Asia South Asia West Africa Atlantic forest Oceania Time Source: Zarin, 2009 National forest cover REDD can form a bridge on forest transition path REDD bridge Forest transition path Time Source: Zarin, 2009 REDD: National or Sub-national? • For the bridge to be built, REDD should be at the heart of national development policy – REDD is not a substitute for development policies • Other reasons REDD should be handled at the national level – Projects may not achieve necessary scale – Leakage from projects – Benefit-sharing mechanisms may be necessary • REDD implementation may have to start at subnational level to gain experience and before sufficient financing is available REDD or ‘REDD plus’? • Bali Action Plan calls for “policy approaches and positive incentives on issues relating to reducing emissions from deforestation and forest degradation in developing countries; and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries”. • A broader definition of REDD adds methodological and financial issues, but removes perverse incentives – Limiting financial compensation to reduced deforestation/degradation may discourage early action The Three Phases of REDD • Payments • Performance-based Maintenance FCPF Carbon Fund, Norway, GFCM (?), carbon market (?) Capacity, Reforms & Investments FIP, UN-REDD, CBFF, GEF, ODA, AAU set-aside, REDD Bonds (?) FCPF Readiness Fund, UN-REDD, CBFF, GEF, ODA Readiness • Institution strengthening • Forest governance and information • Sustainable forest management • Investments outside forest sector • Diagnostic • Reference Scenario • REDD Strategy • Monitoring System FCPF = A Partnership to Make REDD Happen 8 Two Mechanisms Readiness Mechanism READINESS FUND Capacity Building (2008-2012) Target ~$185 million Available $110 million Carbon Finance Mechanism CARBON FUND Payments for Emission Reductions (2010-?) Target ~$200 million Available $51 million 9 Forests and Climate Change: World Bank-Managed Instruments Carbon Funds Climate Investment Funds $2.3 billion* ~ $6 billion BioCarbon Fund (BioCF) Forest Carbon Partnership Facility (FCPF) Forest Invesment Program (FIP) $90 million Target= $385 million** Target= $500 million? Growing Forests Partnership (GFP) $15 million * $2.6 billion if FCPF is included ** $185 m Readiness Fund + $200 m Carbon Fund. Only Readiness Fund operational ($107 million) Forests and Climate Change: World Bank-Managed Partnerships • BioCarbon Fund (BioCF, since 2004) – Demonstrate carbon finance mechanisms for reforestation, forest protection and agriculture • Forest Carbon Partnership Facility (FCPF, since 2008) – Build readiness for Reducing Emissions from Deforestation and Forest Degradation (REDD) – Pilot performance-based payments • Forest Investment Program (FIP, under design) – Pilot investment models for REDD • Growing Forests Partnerships (GFP, since 2008) – Empower local stakeholders provide to engage in local, national and global processes on forests FCPF: The Big Picture Established collaborative partnership & transparent platform for meaningful exchanges on REDD issues • • • Pioneered REDD readiness preparation process • 37 REDD Country Participants • 10 Donor Participants Countries actively preparing for readiness • 5 Carbon Fund Participants • 6 Observers • Others Due to high demand, REDD Country participation increased from 0 to 20 to 37 • • • • Brazil (South-South cooperation) Global Environment Facility World Bank Institute Technical assistance service providers 12 37 REDD Country Participants Selected 13 Readiness Organization • What does it mean to ‘do REDD’? • Created templates/processes to facilitate Readiness: – Process of country submissions and reviews: • Readiness Plan Idea Note (R-PIN) • Readiness Preparation Proposal (R-PP) • Readiness Package (R-Package) – Reviews by • Technical Advisory Panel • Bank • Participants Committee + Observers – Application of environmental and social due diligence framework • Strategic Environmental and Social Assessment (SESA) – Consultation and Participation guidance 14 FCPF Governance Participants Assembly Technical Advisory Panels All Eligible REDD Countries, Donors and Buyers - Forum for exchange of information - Meets at least annually - Opportunity for ‘subgroups’ to meet and discuss experiences, elect their representatives Readiness Fund (Bank as Trustee) Participants Committee (PC) Carbon Fund (Bank as Trustee) Observers Primary decision making body, including all policy issues Bank facilitates partnership and ensures compliance with Policies (incl. Safeguards) Facility Management Team (Bank) Carbon Fund Participants Committee Decision making on specific carbon transactions Composition of the First Participants Committee REDD COUNTRIES CONTRIBUTORS Bolivia DRC Gabon Ghana Guyana Madagascar Mexico Nepal Panama Vietnam AFD Australia Germany Japan Netherlands Norway Switzerland TNC United Kingdom United States OBSERVERS Forest-Dependent Peoples, Private sector, International Organizations, NGOs, UNFCCC Secretariat, UN-REDD Programme Launched Indigenous Peoples Capacity Building Program Small grants to IP organizations to build REDD capacity at regional, national levels ($200,000 per year for 5 years). $181,444 committed in FY09 based on proposals received from indigenous organizations and managed by them: COICA (Amazonia)- organize regional workshops, produce reference document on REDD as contribution towards Copenhagen IPACC (Africa)- organize regional/national workshops, produce toolkit on REDD to train trainers at country level COONAPIP (Panama)- organize 11 workshops for info exchange, arrive at common position on REDD & government’s proposal to FCPF 17 Advanced Partnership with UN-REDD Programme • Formal agreement to cooperate approved by PC Oct. 2008 • Joint missions – DRC (2), Indonesia (2), Panama (2), PNG, Vietnam • Joint presentations/discussions – – – – CoP14 Norwegian Parliament Council on Forestry Informal Working Group on Interim Finance for REDD • Progress in harmonizing processes – – – – R-Plan/R-PP and NJP Guidance on consultation and participation Common Roster of Experts Cooperation on MRV guidance 18 Next Meetings • October 26-29, 2009 (Washington) • Participants Assembly • Participants Committee 4 • March 2010 (Gabon) • Participants Committee 5 • June 2010 (?) • Participants Committee 6 19 THANK YOU www.forestcarbonpartnership.org www.carbonfinance.org 20