Forest Carbon Partnership Facility - FCPF
Development cooperation , 16.11.2012

Forest Carbon Partnership Facility - FCPF

Description

The Forest Carbon Partnership Facility (FCPF) assists developing countries in their efforts to reduce emissions from deforestation and land degradation (REDD). It has two objectives: to build capacity for REDD in developing countries, and to test a program of performance-based incentive payments in some pilot countries. Two separate mechanisms are set up to support FCPF objectives: Readiness Mechanism and Carbon Finance Mechanism. Together, these two mechanisms seek to develop a realistic and cost-effective large new instrument for tackling deforestation, to help safeguard the Earth's climate, reduce poverty, manage freshwater resources, and protect biodiversity.

Funding decision  16.11.2012

4 000 000 €

Target region

Developing countries

Objectives monitored by OECD's Development Assistance Committee

  • Climate change - mitigation
  • Climate change - adaptation
  • Biodiversity
  • Aid to environment

Field of activity

  • Forestry development 100%

Type of aid

Project-type interventions

Funding channel

Maailmanpankkiryhmä

Contact

keo-60

Code for the object of funding

80700173

ID

UHA2011-006410

Modified

16.11.2012