Forest Carbon Partnership Facility (FCPF)

General

Name of initiative Forest Carbon Partnership Facility (FCPF)
LPAA initiative No
NAZCA Initiative
Website address www.forestcarbonpartnership.org
Related initiatives
Starting year 2008
End year 2025
Secretariat World Bank (Global Climate Change Fund Management Unit) fcpfsecretariat@worldbank.org
Organisational structure Multilateral facility, supported by donor governments and managed by the World Bank.
Geographical coverage Global, Africa, Asia and the Pacific, Latin America and The Caribbean
Name of lead organisation The World Bank
Type of lead organisation International organisation
Location/Nationality of lead organisation United States of America

Description

Description The Forest Carbon Partnership Facility (FCPF) is a global partnership of governments, businesses, civil society, and Indigenous Peoples focused on reducing emissions from deforestation and forest degradation, forest carbon stock conservation, the sustainable management of forests, and the enhancement of forest carbon stocks in developing countries, activities commonly referred to as REDD+. Launched in 2008, the FCPF now works with 47 developing countries across Africa, Asia-Pacific, and Latin America and the Caribbean, along with 17 donors that have made contributions and commitments totaling $1.3 billion. The FCPF supports REDD+ efforts through two separate but complementary funds.
  • The FCPF Readiness Fund helps countries set up the building blocks to implement REDD+. Current funding: $400 million (approximately).
  • The FCPF Carbon Fund pilots results-based payments to countries that have advanced through REDD+ readiness and implementation and have achieved verifiable emission reductions in their forest and broader land-use sectors. Current funding: $900 million (approximately).
Objectives
Activities The FCPF Readiness Fund helps countries set up the building blocks to implement REDD+. This includes designing national REDD+ strategies, developing reference emission levels, designing measurement, reporting and verification systems, and setting up national REDD+ management arrangements, including proper environmental and social safeguards.

The FCPF Carbon Fund pilots results-based payments to countries that have advanced through REDD+ readiness and implementation and have achieved verifiable emission reductions in their forest and broader land-use sectors.

One or two success stories achieved

Monitoring and Impacts

Function of initiative
Activity of initiative
Indicators
Goals
Comments on indicators and goals
How will goals be achieved
Have you changed or strenghtened your goals
Progress towards the goals
How are you tracking progress of your initiative
Available reporting

Participants

Participants Number Names
Members 64  
Companies 1 BP Technology Ventures Inc.(United Kingdom)
Business organisations 0
Research and educational organisations 0
Non-governmental organisations 1 The Nature Conservancy (USA)
National states 47 Argentina,  Belize,  Bhutan,  Bolivia,  Burkina Faso,  Cambodia,  Cameroon,  Central African Republic,  Chile,  Colombia,  Congo Dem. Rep. of,  Congo Rep. of,  Costa Rica,  Cote d'Ivoire,  Dominican Republic,  El Salvador,  Ethiopia,  Fiji,  Gabon,  Ghana,  Guatemala,  Guyana,  Honduras,  Indonesia,  Kenya,  Laos,  Liberia,  Madagascar,  Mexico,  Mozambique,  Nepal,  Nicaragua,  Nigeria,  Pakistan,  Panama,  Papua New Guinea,  Paraguay,  Peru,  Sudan,  Suriname,  Tanzania,  Thailand,  Togo,  Uganda,  Uruguay,  Vanautu,  Vietnam.
Governmental actors 0
Regional / state / county actors 0
City / municipal actors 0
Intergovernmental organisations 0
Financial Institutions 15 15 financial contributors (developed countries,  private sector participants,  one NGO)

Total contributions of $825 million:

Other members 0
Supporting partners 0
Number of members in the years
Have only national states as participators No


Theme

Transport Agriculture Forestry Business Financial institutions Buildings Industry Waste Cities and subnational governments Short Term Pollutants International maritime transport Energy Supply Fluorinated gases Energy efficiency Renewable energy Supply chain emission reductions Adaptation Other Resilience Innovation Energy Access and Efficiency Private Finance
No Yes Yes No No No No No No No No Yes No Yes No Yes Yes No Yes No Yes No
Last update: 22 November 2019 08:45:11

Not only have national states as participators

BioCarbon Fund Initiative for Sustainable Forest Landscapes