Funding for Developing Countries’ REDD in the US Climate Change Legislation A December 2009 Update

International Financing for REDD - A Project of WWF US Policy Program

This is a report of the project “International Financing for REDD,” undertaken by WWF US Policy Program between July and December 2009, as part of WWF FC NI Program “Engaging Civil Society in REDD Programs.

The focus of the “International Financing for REDD” project was: (a) To further UNFCCC parties’ understanding of the role and sequencing of public, private and market funding for REDD; and, (b) To discuss institutional and funding arrangements for REDD at international and national level

The project worked by (a) engaging in the international REDD discussion in the run up to COP15; (b) producing or participating in the production of technical reviews, reports and proposals; (c) advising WWF network on these issues; and (d) collaborating with WWF country offices in the review of country level arrangements for REDD.

The author acknowledges the inputs from Michele Perch and the comments from Lou Leonard (WWF US) and would like to underline that this report only discusses issues in the US legislation that are of relevance to the International Financing for REDD project focus. Hence the paper is neither the full nor the official WWF US position regarding the energy and climate change legislation currently in the US Congress. Please direct queries concerning the project to its director Pablo Gutman at Pablo.gutman@wwfus.org Please direct queries concerning WWF US official position regarding the US Congress climate change bills to Lou Leonard at Lou.Leonard@wwfus.org