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Enhancing REDD Readiness: Capacity Building and Carbon Finance Mechanisms (2008-2012)

This document outlines the mechanisms of readiness and carbon finance focused on REDD (Reducing Emissions from Deforestation and Forest Degradation) from 2008 to 2012. It highlights the establishment of templates and processes for readiness, inclusion of country submissions, and detailed reviews by various stakeholders. The document also emphasizes the importance of capacity building among indigenous peoples, showcasing grants and technical assistance aimed at developing readiness capacity at all levels. With around $185 million targeted for available funds, it supports strategic environmental assessments, knowledge exchanges, and global dialogues among participating countries.

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Enhancing REDD Readiness: Capacity Building and Carbon Finance Mechanisms (2008-2012)

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  1. Two Mechanisms Readiness Mechanism READINESS FUND Capacity Building (2008-2012) Carbon Finance Mechanism CARBON FUND Payments for Emission Reductions (2010-?) Target ~$185 million Available $110 million Target ~$200 million Available $51 million

  2. Organization of Readiness Process • Created templates/processes to facilitate Readiness: • Country submissions: • Readiness Plan Idea Note (R-PIN): 37 • Readiness Preparation Proposal (R-PP): 3 so far • Readiness Package (R-Package) • In-depth reviews by: • Participants Committee + Observers • Technical Advisory Panel • World Bank team • Assessment criteria for R-PP • Application of environmental and social due diligence framework to readiness operations • Strategic Environmental and Social Assessment (SESA) • Guidance on Consultation and Participation

  3. Technical Assistance • Knowledge exchanges among • 50 Participants, including 37 REDD Countries • Knowledge exchange sessions in FCPF meetings • Global dialogues on preparing R-PPs (one just completed with Costa Rica, Ghana, Liberia and Mexico) • 6 Observers representing numerous organizations • World Bank • + Technical exchanges with Brazil

  4. Financial Assistance • Country-executed grants • $200,000 for R-PP preparation • Up to $3.6 million for Readiness preparation • FCPF team manages $1 million GEF grant for capacity development for REDD • REDD in national development context • REDD and sustainable forest management • Reference scenarios • South-south exchanges • Additional financial resources managed by the Facility Management Team and benefiting REDD countries and the global REDD community

  5. Indigenous Peoples Capacity Building Program • Recognition that capacity must be built at all levels, not just government • Importance of indigenous peoples as traditional forest stewards • Small grants to IP organizations to build REDD capacity at regional, national levels ($200k per year for 5 years) • IP organizations make proposals to FMT • ~$180k committed in FY09 based on proposals received from indigenous organizations and managed by them: • COICA (Amazonia)- organize regional workshops, produce reference document on REDD as contribution towards Copenhagen • IPACC (Africa)- organize regional/national workshops, produce toolkit on REDD to train trainers at country level • COONAPIP (Panama)- organize 11 workshops for info exchange, arrive at common position on REDD & government’s proposal to FCPF

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