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Forest Carbon Partnership Facility (FCPF)
Initiative for reducing emissions from deforestation
and forest degradation
This initiative was launched on December 11, 2007 in Bali by the World
Bank to address the largest overlooked contributor to climate change —
the destruction of forests.
The Forest Carbon Partnership Facility is designed to set the stage for
a large-scale system of incentives for reducing emissions from deforestation
and forest degradation, providing a fresh source of financing for the
sustainable use of forest resources and biodiversity conservation, and
for the more than 1.2 billion people who depend to varying degrees on
forests for their livelihoods.
The Forest Carbon Partnership Facility will build the capacity of developing
countries in tropical and subtropical regions to reduce emissions from
deforestation and forest degradation and to tap into any future system
of positive incentives for REDD. In some of these countries, the FCPF
will also help reduce the rate of deforestation and forest degradation
by providing an incentive per ton of carbon dioxide of emissions reduced
through specific Emission Reductions Programs targeting the drivers of
deforestation and forest degradation.
Two mechanisms
The FCPF consists of two separate mechanisms, each with its own trust
fund for which the World Bank will act as Trustee:
Readiness Mechanism will assist approximately 20 developing tropical
and sub-tropical countries in preparing themselves to participate in a
future, large-scale, system of positive incentives for REDD.
Carbon Finance Mechanism. A few countries that will have successfully
participated in the Readiness Mechanism may be selected, on a voluntary
basis, to participate in the Carbon Finance Mechanism, through which the
FCPF will pilot incentive payments for REDD policies and measures in approximately
five developing countries.
More informations
Swiss contribution
to the FCPF
UN-REDD initiative
und FCPF Meeting in Switzerland
Publications
Internet pages
The
World Bank Carbon Finance Unit
The
World Bank Forest Carbon Partnership Facility (FCPF)
UN-REDD
Programme
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