“ Each Party included in Annex I shall strive to implement the commitments mentioned in paragraph 1 above in such a way as to minimize adverse social, environmental and economic impacts on developing country Parties , particularly those identified in Article 4, paragraphs 8 and 9, of the Convention.”
refers to the LDC’s and developing countries at increased risk of climate change impacts, including “Countries with arid and semi-arid areas, forested areas and areas liable to forest decay” Art 4(8)(c)]
Approved July 2008 - donors pledged US$6.1billion (Australia, France, Germany Japan, Netherlands, Norway, Sweden, Switzerland, the UK, the US) more than 20 times as much as has been pledged to the UN funds
“ Fast tracking” funding for adaptation and mitigation while negotiating a post 2012 climate agreement
Clean Technology Fund - $3-5 billion mitigation fund for transformation projects such as energy and transportation
Strategic Climate Fund – 3-5 years pilot projects in 5-10 countries climate resilience, greening energy access and Sustainable Forest Management – Adaptation Fund Technical Assistance $1-2million and up to $100 million for additional support to fund investments
The FCPF governance structure does not provide for participation of forest dependent and indigenous communities.
Participants are only donor and recipient governments and other private entities (private sector, large NGOs) who contribute financially.
NGOs and indigenous peoples are observers to Participants meetings
No FPIC, not bound to comply with the UN Declaration on the rights of Indigenous Peoples.
“ The Readiness process should ensure that activities and strategies will not cause adverse social and environmental impacts, while also striving to enhance benefits for local communities and the environment.”
Forest Investment Fund/Program – includes sustainable forest management and protection of carbon reservoirs targeted end of 2008/early 2009
“ to reduce deforestation and forest degradation and to promote improved sustainable forest management, leading to emission reductions and the protection of carbon reservoirs” ; and will be “developed based on a broad and transparent consultative process”
The target size is 1 million - with 100 million dollars so far. Designed to fill the gap left by the FCPF, since FCPF does not address institutional and governance issues related to REDD
3 public consultation meetings before the end of the year. First one today and tomorrow in WDC.
1991 Forest Policy Paper – 2000 OED Review of Strategy and Implementation
“… inadequate reflection of social, technical, institutional and political realities on the ground in project design; omission of key-stakeholders during project preparation and implementation…”
WB’s 2002 Forest Strategy – 2007 Mid-Term Review of Implementation
“… but in many others poverty concerns and the impacts of forest interventions on forest-dependent peoples have not received adequate attention, either in the Bank’s analytical and economic and sector work or in its lending programs.”
World Bank’s Inspection Panel Report on DRC Forest related lending
The Inspection Panel found that the Bank had violated its own safeguard policies, including the Policies on Environmental Assessment and on Indigenous Peoples. The Inspection Panel notes that the logging industry has not contributed to reducing poverty and that the World Bank failed to take into account that DRC’s rural population of about 40 million relies heavily on forest resources for subsistence.
Bank’s Independent Evaluation Group – June 2008 (Review of WB and IFC)
“ Given the demand-driven nature of Bank programs at the country level, global public goods, including environmental quality and sustainability, tend to receive insufficient priority”
The UN-REDD initiative (FAO, UNDP, UNEP working closely with GEF, WB, and members of Collaborative Partnership on Forests )
Aimed at sustainable management of forests so that economic, environmental and social goods and services benefit countries, communities and forest users while also contributing to important reductions in greenhouse gas emissions.
“ Quick Start” actions implemented in the lead up to Copenhagen.
Build capacity of developing countries to implement REDD action to maximize emission reductions and testing preliminary concepts and scenarios for REDD (success and failure). Pave the way for the long-term of inclusion of REDD in carbon market