Key criteria for assessing different institutional options are their overall legitimacy and ability to produce 3E+ outcomes.
Four major options for channelling (international) REDD+ finance are projects, funds independent or within the state administration and budget support. The mix of these depends crucially on national conditions and the choice of REDD+ actions.
Building national REDD+ institutions takes time, and early design might constrain later options. Countries must therefore ensure that the immediate steps taken fit future and more developed solutions.
Topic: climate change, governance
Publisher: Center for International Forestry Research (CIFOR), Bogor, Indonesia
Publication Year: 2009
Source: Angelsen, A. with Brockhaus, M., Kanninen, M., Sills, E., Sunderlin, W. D. and Wertz-Kanounnikoff, S. (eds) Realising REDD+: National strategy and policy options. 57-74Creative Commons Attribution 4.0 International License.