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🎉 The third independent evaluation of the Forest Carbon Partnership Facility (FCPF), conducted by Baastel, is fresh out of the oven!   Launched in 2008, the FCPF is the world’s largest multilateral REDD+ financing mechanism, providing readiness support and result-based payments. 🌍💰 REDD+ stands for “Reducing emissions from deforestation and forest degradation in developing countries”. The + stands for additional forest-related activities that protect the climate, namely sustainable management of forests and the conservation and enhancement of forest carbon stocks.   Key lessons from our evaluation:   ⚖️ Balance demands for high-integrity emission reduction credits with the complexity of Measuring, Reporting and Verification (MRV) and carbon accounting  ⏳ Capacity development takes time for full internalization within government agencies  📈 Readiness support builds a solid base to leverage additional financing  💵 Maintain financial support as countries transition to results-based payments  🌱 Non-carbon benefits are critical for effective and sustainable emission reduction programs. Clear guidance is needed for their identification and monitoring.  🌐 Broad-based participation in global governance structures ensures transparency and effective representation.  🤝 Aligning private sector interests with REDD+ program objectives offers significant collaboration opportunities.   Baastel is proud to have conducted this global evaluation, highlighting the successes and challenges of the FCPF. This crucial exercise aims to inform and shape the future of international REDD+ support, a global endeavor vital in tackling the climate change challenge together! 🌳🌎   To read the full evaluation : 👇 The World Bank Acacia Natural Resource Consultants Ltd Giovanna Montagner Tom Blomley Alain Lafontaine Noémie Watanabe Cecilia Moreno Cruz Margarita Gonzales Marie-Karin Godbout Marie-Claude Bourgie Jakob Kronik #HumanSustainableDevelopment #SustainableDevelopment #InternationalDevelopment #ClimateAction #EnvironmentalProtection #NatureBasedSolutions #Sustainability #GreenFuture

EVALUATION OF THE FOREST CARBON PARTNERSHIP FACILITY

EVALUATION OF THE FOREST CARBON PARTNERSHIP FACILITY

forestcarbonpartnership.org

Jonas Krolik

In Ausbildung/Studium: Hochschule für Technik und Wirtschaft Berlin

3mo

Quick question: How do I access the annex document? The link in the pdf does not seem to work.

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Congrats to the Baastel team for this great work and thank you to the Forest Carbon Partnership Facility M&E team for the opportunity they have given us to contribute with them to this important process!

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