The Government of Brazil and the United Nations Development Programme (UNDP) have recently submitted the first proposal for REDD+ results-based payments to Green Climate Fund (GCF). The proposal will be considered for approval at the upcoming 22nd GCF Board meeting in Songdo from 26-28 February 2019.
During the webinar, the Government of Brazil and UNDP will present the proposal and provide details concerning key issues such as the REDD+ readiness process in Brazil, the activities to be financed with the proceeds, the approach for safeguards, and the involvement and engagement of smallholder family farmers, local communities and indigenous peoples. Participants will be invited to participate in an open dialogue with the Government of Brazil and UNDP.
Finance for Climate and Forest policies
The GCF is part of the financial mechanism of the United Nations Framework Convention on Climate Change (UNFCCC) and is designed to channel climate finance to developing countries to support climate change mitigation and adaptation activities.
REDD+ is a voluntary process under the UNFCCC to mitigate climate change in developing countries through policy approaches and positive incentives to reducing GHG emissions from deforestation and forest degradation and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries.
At its 18th meeting in October 2017, the GCF Board launched a pilot programme for REDD+ results-based payments that is fully aligned with the UNFCCC reporting process for REDD+ (Decision B.18/06).
The webinar will occur on Friday, 15 February 2019, at 12:00(noon) Brasilia time (GMT-2). Please register for this webinar at the following link: https://attendee.gotowebinar.com/register/5261228406896916237