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Forest Carbon Partnership Facility August 28, 2009 Update
1. General Presentation on REDD
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],What is REDD?
Following traditional development paths, most countries lose most of their native forests North Amazon Basin South Amazon Basin Europe  North America North East Asia South Asia Time National forest cover Atlantic forest South East Asia Oceania West Africa Source: Zarin, 2009 Forest Transition Curve Congo Basin
REDD can form a bridge on forest transition curve National forest cover Time REDD bridge Source: Zarin, 2009 Forest transition path
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],REDD: National or Sub-national?
[object Object],[object Object],[object Object],REDD or ‘REDD plus’?
Maintenance Capacity, Reforms  & Investments  Readiness FCPF Readiness Fund,  UN-REDD, CBFF, GEF, ODA IDA/IBDR, FIP, UN-REDD,  CBFF,  GEF, ODA,  AAU set-aside, REDD Bonds (?) FCPF Carbon Fund, Norway,  GFCM (?), carbon market (?) ,[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],The Three Phases of REDD
2. The Forest Carbon Partnership Facility (FCPF)
FCPF = A Partnership to Make REDD Happen
Two Mechanisms Readiness Mechanism READINESS FUND Capacity  Building (2008-2012) Carbon Finance Mechanism CARBON FUND Payments for  Emission Reductions (2010-?) Target ~$185 million Available $110 million Target ~$200 million Available $51 million
[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],Financial Contributors to the FCPF
37 REDD Country Participants Selected
FCPF Governance Participants Committee (PC) Facility Management Team (Bank) Technical Advisory Panels Carbon Fund 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 Readiness Fund (Bank as  Trustee) Carbon Fund (Bank as  Trustee) Bank facilitates partnership and ensures compliance with Policies (incl. Safeguards)
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],CONTRIBUTORS 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 Composition of First Participants Committee (Oct.08-Oct.09)
Carbon Funds $2.3 billion* Climate Investment Funds ~ $6 billion BioCarbon Fund (BioCF) $90 million Forest Carbon Partnership Facility (FCPF)  Target= $385 million** Forest Invesment Program  (FIP) Target= $500 million? * $2.6 billion if FCPF is included ** $185 m Readiness Fund + $200 m Carbon Fund. Only Readiness Fund operational ($107 million) Growing Forests Partnership (GFP) $15 million Forests and Climate Change: World Bank-Managed Instruments
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Forests and Climate Change: World Bank-Managed Partnerships
FCPF: The Big Picture Established collaborative partnership & transparent platform for meaningful exchanges on REDD issues ,[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 Organization ,[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]
Launched Indigenous Peoples Capacity Building Program
[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],Advanced Partnership with UN-REDD Programme
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Next Meetings
FCPF and the UNFCCC ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],The FCPF and the UNFCCC
[object Object],[object Object],[object Object]

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Fcpf Update

  • 1. Forest Carbon Partnership Facility August 28, 2009 Update
  • 3.
  • 4. Following traditional development paths, most countries lose most of their native forests North Amazon Basin South Amazon Basin Europe North America North East Asia South Asia Time National forest cover Atlantic forest South East Asia Oceania West Africa Source: Zarin, 2009 Forest Transition Curve Congo Basin
  • 5. REDD can form a bridge on forest transition curve National forest cover Time REDD bridge Source: Zarin, 2009 Forest transition path
  • 6.
  • 7.
  • 8.
  • 9. 2. The Forest Carbon Partnership Facility (FCPF)
  • 10. FCPF = A Partnership to Make REDD Happen
  • 11. Two Mechanisms Readiness Mechanism READINESS FUND Capacity Building (2008-2012) Carbon Finance Mechanism CARBON FUND Payments for Emission Reductions (2010-?) Target ~$185 million Available $110 million Target ~$200 million Available $51 million
  • 12.
  • 13. 37 REDD Country Participants Selected
  • 14.
  • 15.
  • 16. Carbon Funds $2.3 billion* Climate Investment Funds ~ $6 billion BioCarbon Fund (BioCF) $90 million Forest Carbon Partnership Facility (FCPF) Target= $385 million** Forest Invesment Program (FIP) Target= $500 million? * $2.6 billion if FCPF is included ** $185 m Readiness Fund + $200 m Carbon Fund. Only Readiness Fund operational ($107 million) Growing Forests Partnership (GFP) $15 million Forests and Climate Change: World Bank-Managed Instruments
  • 17.
  • 18.
  • 19.
  • 20. Launched Indigenous Peoples Capacity Building Program
  • 21.
  • 22.
  • 23.
  • 24.

Notes de l'éditeur

  1. Assess Land Use, Forest Policy and Governance * Organize its REDD Readiness Management ** Design its national REDD Strategy Design its REDD Implementation Framework Assess the Impacts of REDD Strategy Assess the Investment and Capacity Building Needs Establish its national Reference Scenario Design its national Monitoring, Verification & Reporting System Design a Readiness Management System (optional)
  2. Assess Land Use, Forest Policy and Governance * Organize its REDD Readiness Management ** Design its national REDD Strategy Design its REDD Implementation Framework Assess the Impacts of REDD Strategy Assess the Investment and Capacity Building Needs Establish its national Reference Scenario Design its national Monitoring, Verification & Reporting System Design a Readiness Management System (optional)
  3. Assess Land Use, Forest Policy and Governance * Organize its REDD Readiness Management ** Design its national REDD Strategy Design its REDD Implementation Framework Assess the Impacts of REDD Strategy Assess the Investment and Capacity Building Needs Establish its national Reference Scenario Design its national Monitoring, Verification & Reporting System Design a Readiness Management System (optional)
  4. Assess Land Use, Forest Policy and Governance * Organize its REDD Readiness Management ** Design its national REDD Strategy Design its REDD Implementation Framework Assess the Impacts of REDD Strategy Assess the Investment and Capacity Building Needs Establish its national Reference Scenario Design its national Monitoring, Verification & Reporting System Design a Readiness Management System (optional)
  5. COICA = $50,150 IPACC = $69,246 COONAPIP = $62,048 New proposals can be funded starting July 1, 2009