BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL)

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General

Name of initiative	BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL)
LPAA initiative	No
NAZCA Initiative	No
Website address	http://www.biocarbonfund-isfl.org/
Related initiatives
Starting year	2004
End year
Secretariat	World Bank (Carbon Finance Unit) - Dan Radack (Fund Manager); dradack@worldbankgroup.org
Organisational structure	ISFL is a multilateral facility, supported by donor governments and managed by the World Bank.
Geographical coverage	Global, North America, Asia and the Pacific, Latin America and The Caribbean, Africa, Western Europe, Eastern Europe
Name of lead organisation
Type of lead organisation	International organisation
Location/Nationality of lead organisation	United States of America

Description

Description	With the current level of funding, the BioCarbon Fund ISFL will create a portfolio of about four jurisdictional programs with country and regional diversity. A farmhouse and fields sit at the bottom of a forest valley. Jurisdictions will be identified based on a set of criteria that help to identify areas where ISFL can have the greatest impact. The criteria are mainly related to REDD+ progress, trends in national agriculture production, and trends for global commodities but also include an assessment of the strength of the enabling environment, institutional matters, and non-carbon benefits. The ISFL has programs in Colombia, Ethiopia , and Zambia. A program in Indonesia is currently under consideration. Multi-stakeholder engagement and coordination will take place at the level of the country programs. Consultation and participation of key stakeholders will be an integral part of program development and implementation and will build on existing participatory mechanisms developed during the REDD+ readiness phase or other relevant processes of participating countries to the extent possible.
Objectives	The BioCarbon Fund aims to incentivize better land management, mitigate climate change and help communities adapt by providing revenues through the carbon markets or other forms of results-based payments. The BioCarbon Fund ISFL is committed to working at the scale of the jurisdictional landscape. National or jurisdictional governments consider the trade-offs and synergies between different land-uses that may compete in a jurisdiction — such as agriculture, energy, and forest protection and successfully identify integrated solutions that serve multiple objectives. Adopting a landscape approach means implementing a development strategy that is climate smart, equitable, productive and profitable at scale and strives for environmental, social, and economic impact. In addition, the Initiative is designed to work alongside a wide range of private actors, from multi-national corporations to large national actors and emerging small and medium enterprises and smallholders, incentivizing them to accelerate “forest-proof” sourcing of commodities and redirecting market forces toward more sustainable and equitable land management practices.
Activities	The Initiative’s efforts and activities are focused at the country level. Contributors will have the flexibility to support any of the country programs being developed under the Initiative. A decision-making body will be established for each country program for contributor governments and the World Bank to progress programming efficiently on the ground. Not all contributors need to participate in all the country programs; however, only those contributors who have contributed to a country program will be part of the decision-making process for that program. At the Initiative-level, contributors work together on the selection of country programs and exchanging lessons between them. At the level of the country programs, country-specific advisory bodies composed of leading experts from government, civil society and the private sector with a range of relevant knowledge may provide technical input into the program design and development of a specific country program, and work with recipient government to catalyze the implementation of programs.
One or two success stories achieved

Monitoring and Impacts

Function of initiative	Funding, Implementation, Technical dialogue
Activity of initiative	Fundraising, Technical operational implementation (ex-post), Knowledge dissemination and exchange, Knowledge production and innovation, Financing
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	0
Companies	0
Business organisations	0
Research and educational organisations	0
Non-governmental organisations	0
National states	0
Governmental actors	0
Regional / state / county actors	0
City / municipal actors	0
Intergovernmental organisations	0
Financial Institutions	0
Faith based organisations	0
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	Yes	No	No	No	No	No	No	No	No	No	No	No	Yes	No	No	No	No	No

Last update: 8 March 2022 12:19:06

Not only have national states as participators