Brazil has made significant progress in reducing deforestation in...
Over the past several decades, more than 30 countries...
Tracking REDD+ Finance
2009-2012 - Finance Flows in Seven REDD+ Countries
Kerstin Canby, Gustavo Silva-ChŠvez, Jessica Breitfeller, Christine Lanser, Marigold Norman, Brian Schaap - Forest Trends
Between 2009 and 2012, REDDX tracked US$1.2 billion in REDD+ commitments and US$378 million in disbursements in seven tropical forest countries: Brazil, Ecuador, Colombia, Ghana, Liberia, Tanzania, and Vietnam.
The Forest Trends REDD+ EXpenditures Tracking Initiative (REDDX) was launched in 2011 to provide greater transparency around the financial flows that have been committed for REDD+ programs. Despite estimates of over US$7.3 billion pledged to support REDD+ Readiness by 2015, information has remained limited on how much of this finance has actually flowed to support national-level initiatives, and the organizations managing and implementing REDD+ on the ground. The REDDX initiative fills this gap by providing detailed information on REDD+ commitments and disbursements from donors to recipients, and the types of activities being funded and supported.
REDDX currently operates in fourteen countries, collectively representing around 1.1 billion hectares of tropical forest. This report covers the major developments of the Fast Start Finance period in the initial seven pilot REDDX countries, summarizing the findings and implications of this first year of reporting under the REDDX initiative. Local partners and government agencies, working with REDDX in these seven countries, tracked US$1.2 billion in donor commitments and followed the chain of disbursements to in-country recipients who managed, transferred the funds, or implemented activities. The consolidation of the major trends and findings in each of the countries presents a microcosm of the global picture of REDD+ finance, showing an overall positive trend in investments, as financial commitments from donor countries grew steadily from 2009 through 2012.
|Release Date:||November 2014|
|File Size:||10626 KB|