Financing REDD+

Summary: 

There are four major challenges associated with REDD+ finance:
• Defining REDD+ costs and estimating the financial needs of REDD+
• Mobilising sufficient international and national finance to cover the costs
of REDD+ policies and measures
• Allocating and disbursing REDD+ finance efficiently, effectively and
equitably to produce clear and measurable results.
• Matching the requirements and needs of policy makers and other stakeholders in developing countries with those of donors or investors in REDD+, and creating and/or strengthening the institutions needed to implement policies and manage REDD+ funds.

This publication sheds light on these challenges and discusses the implications for REDD+ implementation. Section 7.2 summarises the most common ways to calculate REDD+ costs and presents the range of cost estimates that have been put forward to significantly reduce forest-related emissions in developing countries. Section 7.3 discusses the various options that exist to mobilise REDD+ finance in the short and long term. Section 7.4 describes the disbursement challenges from REDD+ country and donor perspectives. The chapter concludes with a discussion of different institutional and policy options that can help to overcome current and future funding challenges.

Author
CIFOR
Publication Date
Sunday, 18 March 2012
Applicable location
Africa
Americas
Asia
Europe
Oceania
Topic/Theme
REDD+
Climate change
Database
Learning materials