Operationalizing National REDD+ Strategies: Financing Stocktaking
This event focused on financing strategies for REDD+ programs, highlighting key points such as mapping existing finance streams, identifying gaps and opportunities, and pulling resources from various sources including Norway, international funds, and the private sector.
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Presentation Transcript
REDD+ Financing strategy Stocktaking UN-REDD Asia-Pacific regional knowledge exchange Operationalizing and financing National REDD+ Strategies: from programming and financing implementation to results-based payments 10-12th October 2017 - Bangkok Bruno Hugel - UNDP 1
Key points Many existing relevant streams of finance! (e.g. PFES, offset mechanisms, etc) Map existing REDD-relevant finance in the country Public (Domestic budget/programmes, ODA) Private (as feasible ) Challenging: Takes time / Data fragmented / Quality of information / Access to data (incl. private sector) But useful, incl. for fundraising
Key points After costing of Plan and mapping of $: Identify gaps, barriers, opportunities Relevant potential sources (incl. RBPs) Relevant financing instruments (grants, loans, etc) Depends on types of costs (transaction, enabling, direct incl. revenue generating) Develop synergies (incl. align on planning cycles) May require some modifications Build partnerships with other sectors / Coordinate Harness political support (alignment public finance, mobilizing private finance)
Pulling resources Norway phase 2 & 3 International REDD+ Finance (GCF, bi/multilaterals) ERPD RBPs (UNFCCC) ODA REDD+ Investment Plan Agriculture Forestry Energy . Non-REDD+ Finance (but REDD+ relevant) Private sector Agriculture Forestry Energy . National budget NRIP: Pooling & coordinating investment
