- A small group of donors and multilateral institutions dominate international REDD+ funding, making it potentially vulnerable to political fluctuations. Readiness funding from established mechanisms is drying up, jeopardising newcomers ability to tap into future public or private funding.
- REDD+ needs political and financial support from both REDD+ developing countries and developed countries. Developing countries and communities have already contributed their own funding and support to REDD+ implementation, and this should be better acknowledged in global REDD+ funding discourse and negotiations.
- High expectations of private sector finance are not matched by observed flows and commitments, and the best available data on private sector REDD+ initiatives has limited depth and coverage. Enhancing private sector investment in REDD+ requires enabling conditions such as carbon rights, tenure security and law enforcement.
Topic: climate change, ecosystem services, mitigation, emissions, forests
Publisher: Center for International Forestry Research (CIFOR), Bogor, Indonesia
Publication Year: 2018
Source: A. Angelsen, C. Martius, V. de Sy, A.E. Duchelle, A.M. Larson, Pham T.T. (eds.) Transforming REDD+: Lessons and new directions. 29-40Creative Commons Attribution 4.0 International License.