Norway accused of hypocrisy over RI deforestation funding
Norway has been accused of climate hypocrisy in Indonesia, where it has won plaudits for financing forest protection even as its state pension fund allegedly secures even greater revenues from logging, plantations, mining and other environmentally destructive practices.
As UN climate talks loom, the Bank is lobbying G20 countries to resuscitate shrinking carbon markets through controversial measures, including using public climate finance to stimulate demand and creating markets for soil and forest carbon.
Forest Communities in Burkina Faso, Ghana and DRC to Benefit From Dedicated CIF Grant (AfDB)
In the coming year, pilot countries of the Climate Investment Fund's (CIF) "Forest Investment Program" (FIP), including Burkina Faso, Ghana and the Democratic Republic of Congo, can expect to see additional support for their REDD+ activities in the form of a Dedicated Grant Mechanism for Indigeno
Pilot Forest Carbon Trust Fund: Rewarding local communities for forest conservation
This is the first Forest Carbon Trust Fund in Nepal, and lessons learnt from this pilot project will be vital for understanding what kind of governance system will be required for implementing REDD+ at the national level when communities are actively involved in forest management.
REDD+ potential funds reach up to Rp270 trillion: CIFOR
The potential flow of funds from advanced nations to developing countries to deal with deforestation through REDD+ programs is estimated to reach up to US$30 billion or Rp270 trillion annually, according to the Center for International Forestry Research (CIFOR).
LTS Safeguarding REDD+: Working Towards Robust, Efficient and Transparent Financial Governance
Global Witness has contracted LTS to identify the main risks in REDD financial flows (from both public and private sources) from international to local level, and to propose appropriate financial audit mechanisms and safeguards to mitigate these risks.