Forest Carbon Partnership Facility and Climate Investment Fund

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rightsandclimate

Joëlle Chassard, Manager of the Carbon Finance Unit, World Bank

Technologie Business

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Guiding Principles ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Readiness Fund (Bank as Trustee) Carbon Fund (Bank as Trustee) FCPF Governance Participants Committee (PC) Facility Management Team (Bank) Ad Hoc Technical Advisory Panels Buyer Participants Committee Participants Assembly All Eligible REDD Countries, Donors and Buyers ,[object Object],[object Object],[object Object],[object Object],Primary decision making body, including all policy issues Decision making on specific carbon transactions Observers IPs, NGOs, Int’l Org., Priv sector (+ UNFCCC Sec., UN REDD ?)

Two Mechanisms ,[object Object],[object Object],[object Object],[object Object],[object Object],Carbon Finance Mechanism CARBON FUND Payments for Emission Reductions (2009-?) ~$100 million ~$200 million

Incentive Payments for REDD Reforms & Investments for REDD REDD Readiness FLEG, alternative livelihoods, alternative agribusiness investments, intensification of agriculture and cattle ranching, improved infrastructure planning, reforestation,etc. Reference scenario, REDD strategy, Monitoring system Value ≥ Cost FCFP Readiness Fund Inter alia Forest Investment Fund Inter alia, once operational FCPF Carbon Fund Inter alia Readiness + Investments + Payments

43 Requests for Participation; 28 R-PINs; 14 selected ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],+ 3 Brazilian states (Acre, Amazonas, Mato Grosso)

14 REDD Countries Selected in July 2008 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

R-PIN Review in Oct 2008 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

[object Object],Strengthening Local Participation

Strengthening Local Participation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Key issues ,[object Object],[object Object],[object Object],[object Object],[object Object]

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[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Responses by the FCPF

Beyond the FCPF ,[object Object],[object Object],[object Object],[object Object],[object Object]

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Forest Carbon Partnership Facility and Climate Investment Fund

2. … Make REDD Happen A Partnership to …

6. Incentive Payments for REDD Reforms & Investments for REDD REDD Readiness FLEG, alternative livelihoods, alternative agribusiness investments, intensification of agriculture and cattle ranching, improved infrastructure planning, reforestation,etc. Reference scenario, REDD strategy, Monitoring system Value ≥ Cost FCFP Readiness Fund Inter alia Forest Investment Fund Inter alia, once operational FCPF Carbon Fund Inter alia Readiness + Investments + Payments

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