Category: finance
Differing views on market-based approaches for REDD+plus finance
Bonn, 22 May (Hilary Chiew) – Parties differed in their views on the use of private finance for forestrelated activities at the spin-off group under the AdHoc Working Group on Long term Cooperative Action under the Framework Convention on Climate Change (AWG-LCA) to discuss the financing system for ‘REDD-plus’ on 19 May.While most countries that made interventionspreferred the use of both public and private funding sources and favoured the ...
Bonn Climate Change Conference on Finance for REDD+ and Agricultural Drivers
Progress at the Bonn UNFCCC Climate Conference has been frustratingly slow. One of the key goals for the conference was to lay the foundations for scaling up the finance needed for REDD+, and to secure short term additional finance commitments to support this transition in advance of COP18 in Doha.However, as the conference draws to a close, Parties are still struggling to agree on whether sources of private finance (e.g. market based approaches) can, or should, be used to...
REDD+ readiness finance: necessary but not sufficient
The provision of finance to build ‘readiness’ has been central to programs to reduce emissions from deforestation, forest degradation, forest conservation, sustainable management of forests and the enhancement of forest carbon stocks (REDD+). Its purpose is to prepare countries so that they can deliver emission reductions from forests in return for payments. Not only does readiness finance raise awareness of the complexities and opportunities of REDD+, but it also allows countries to develop...
Safeguarding REDD+ Finance; Ensuring Transparent and Accountable International Financial Flow
This paper provides a detailed consideration of the measures required to ensure robust, efficient and accountable procedures for REDD+ financial flows. Adoption of these measures would improve both the governance of existing funds and the design and implementation of any new international funding mechanism.
The Economics of Climate Change
The scientific evidence is now overwhelming: climate change is a serious global threat, and it demands an urgent global response. This Review has assessed a wide range of evidence on the impacts of climatechange and on the economic costs, and has used a number of different techniques to assess costs and risks. From all of these perspectives, the evidence gathered by the Review leads to a simple conclusion: the benefits of strong and early action far ...
An Economic Modeling Tool to Support UNFCCC Negotiations on REDD Reference Levels
Quantitative economic analysis of REDD reference level design options is critical for developing a REDD mechanism that is effective, efficient, and equitable. The Collaborative Modeling Initiative on REDD Economics has developed a free, transparent and accessible tool to support UNFCCC negotiations on REDD reference levels. This tool, the Open Source Impacts of REDD Incentive Spreadsheet (OSIRIS), allows users to compare the emissions reduction and financial impacts of alternative...
