The Forest Carbon Partnership Facility
This is the Global Program Review (GPR) of the Forest Carbon Partnership Facility (FCPF). The objectives of the Facility are: (a) to assist eligible Reduced Emissions from Deforestation and Forest Degradation (REDD) countries in their efforts to ac...
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| Format: | Publication |
| Language: | English en_US |
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Washington, DC: World Bank Group
2015
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| Online Access: | http://documents.worldbank.org/curated/en/2012/08/16914373/forest-carbon-partnership-facility http://hdl.handle.net/10986/21341 |
| Summary: | This is the Global Program Review (GPR)
of the Forest Carbon Partnership Facility (FCPF). The
objectives of the Facility are: (a) to assist eligible
Reduced Emissions from Deforestation and Forest Degradation
(REDD) countries in their efforts to achieve emission
reductions from deforestation and/or forest degradation by
providing them with financial and technical assistance in
building their capacity to benefit from possible future
systems of positive incentives for REDD; (b) to pilot a
performance-based payment system for emission reductions
generated from REDD activities, with a view to ensuring
equitable benefit sharing and promoting future, large-scale
positive incentives for REDD; (c) to test ways to sustain or
enhance livelihoods of local communities and to conserve
biodiversity; and (d) to disseminate broadly the knowledge
gained in the development of the Facility and implementation
of readiness preparation proposals and emission reduction
programs. This review concludes that that the FCPF has been
an innovative program that has added significant value at
the global level in defining the modalities of REDD+ and has
produced a roadmap for countries to achieve REDD+ readiness.
The FCPF has been willing to take risks and pioneer new ways
of doing business. It has created a space for inclusive and
transparent debate among donors, forested developing
countries, civil society, indigenous peoples' groups and
forest-dependent communities around REDD+. FCPF management
could enhance its effectiveness by revisiting its
supervision formulas, taking advantage of internal World
Bank reforms relating to micro and small grants, and by
developing a programmatic results framework that is more
reflective of the technical assistance and financial
services that it provides. |
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