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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.
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Source
Angelsen, A. with Brockhaus, M., Kanninen, M., Sills, E., Sunderlin, W. D. and Wertz-Kanounnikoff, S. (eds). 2009. Realising REDD+: National strategy and policy options. 57-74
Publisher
Center for International Forestry Research (CIFOR)
Publication year
2009
ISBN
978-6-02-869303-5
