16
Forest Carbon Partnership Facility Joëlle Chassard, World Bank Rights, Forests and Climate Change Oslo, October 16, 2008

Forest Carbon Partnership Facility and Climate Investment Fund

Embed Size (px)

DESCRIPTION

Joëlle Chassard, Manager of the Carbon Finance Unit, World Bank

Citation preview

Page 1: Forest Carbon Partnership Facility and Climate Investment Fund

Forest Carbon Partnership Facility

Joëlle Chassard, World Bank

Rights, Forests and Climate Change

Oslo, October 16, 2008

Page 2: Forest Carbon Partnership Facility and Climate Investment Fund

… Make REDD

Happen

A Partnership to …

Page 3: Forest Carbon Partnership Facility and Climate Investment Fund

GuidingPrinciples

Partnership Developing (“REDD”) countries have equal voting

rights with donors and CF participants on Participants Committee (10 + 10)

Voluntary & country-driven Neutral to climate change negotiations

Capacity building Various kinds of performance-based financial

approaches will be tested Catalyst

$300 million will not save the world’s forests Private sector is needed for scaling up

National National strategies for REDD National reference scenarios Projects within national accounting approach “National” does not mean “governmental” only

Test, learn and disseminate

Page 4: Forest Carbon Partnership Facility and Climate Investment Fund

ReadinessFund

(Bank as Trustee)

ReadinessFund

(Bank as Trustee)

Carbon Fund

(Bank asTrustee)

Carbon Fund

(Bank asTrustee)

FCPF Governance

Participants Committee (PC)Participants Committee (PC)

Facility Management Team(Bank)

Facility Management Team(Bank)

Ad Hoc Technical Advisory Panels

Ad Hoc Technical Advisory Panels

Buyer Participants Committee

Buyer Participants Committee

Participants AssemblyParticipants Assembly All Eligible REDD Countries, Donors and Buyers

- Forum for exchange of information- Meets at least annually - Opportunity for ‘subgroups’ to meet and discuss experiences, elect their representatives

Primary decision making body, including all policy issues

Decision making on specific carbon transactions

ObserversObservers

IPs, NGOs, Int’l Org., Priv sector (+ UNFCCC Sec., UN REDD ?)

Page 5: Forest Carbon Partnership Facility and Climate Investment Fund

Two Mechanisms

Readiness Mechanism

READINESS FUND

Capacity Building

(2008-2012)

Carbon Finance Mechanism

CARBONFUND

Payments for Emission

Reductions(2009-?)

~$100 million ~$200 million

Page 6: Forest Carbon Partnership Facility and Climate Investment Fund

Incentive Payments for REDD

Reforms &Investments for

REDD

REDDReadiness

FLEG, alternative livelihoods, alternative

agribusiness investments,

intensification of agriculture and cattle ranching, improved

infrastructure planning, reforestation,etc.

Reference scenario,REDD strategy,

Monitoring system

Value ≥ Cost

FCFP Readiness FundInter alia

Forest Investment FundInter alia, once operational

FCPF Carbon FundInter alia

Readiness + Investments + Payments

Page 7: Forest Carbon Partnership Facility and Climate Investment Fund

43 Requestsfor

Participation;28 R-PINs;14 selected

South America (8): Argentina Bolivia Chile Colombia Ecuador Guyana Paraguay Peru Suriname

Meso America (7): Costa Rica El Salvador Guatemala Honduras Mexico Nicaragua Panama

SE Asia & Pacific (8): Indonesia Lao PDR Malaysia Papua New Guinea Philippines Thailand Vanuatu Vietnam

Africa (17): Cameroon Central African Republic Dem. Republic of Congo Equatorial Guinea Ethiopia Gabon Ghana Kenya Liberia Madagascar Republic of Congo Senegal Sierra Leone Sudan Tanzania Uganda Zambia

South Asia (2): Nepal Pakistan

+ 3 Brazilian states (Acre, Amazonas, Mato Grosso)

Page 8: Forest Carbon Partnership Facility and Climate Investment Fund

14 REDD Countries Selected

in July 2008

Africa• Dem. Rep. of Congo• Gabon• Ghana• Kenya• Liberia• Madagascar

Asia• Lao PDR• Nepal• Vietnam

Americas• Bolivia• Costa Rica• Guyana• Mexico• Panama

Page 9: Forest Carbon Partnership Facility and Climate Investment Fund

R-PIN Review in Oct 2008

Africa

• Cameroon• CAR• Equatorial Guinea• Ethiopia• Republic of Congo• Tanzania• Uganda

Asia-Pacific

• PNG• Vanuatu

Americas

• Argentina• Colombia• Nicaragua• Paraguay• Peru

Page 10: Forest Carbon Partnership Facility and Climate Investment Fund

FCPF Consultations/Information sharing with Indigenous Peoples and Forest Dwellers: Main Messages and Follow upStrengthening

Local Participation

Page 11: Forest Carbon Partnership Facility and Climate Investment Fund

Strengthening Local

Participation

FCPF Consultations/Information sharing with Indigenous Peoples and Forest Dwellers

3 workshops organized and chaired by regional IP organizations. Design followed instructions from the UN Permanent Forum on IIs. Participants selected by regional organizations. Asia: Katmandu – February 28 – 29: 25 IPs Africa: Bujumbura – March 13 – 14, 18 IPs + 9 Forest Dwellers LAC: La Paz – March, 17-19: 33 IPs and 2 Forest Dwellers

Overall, the three regional workshops have been a very fruitful and a positive experience for the FCPF and our engagement and consultation will continue

Workshops unveiled criticism of the climate change agenda; suspicions of the World Bank and international cooperation on the part of IPs, especially in Latin America;

…but also interest to stay engaged and benefit from this unique opportunity.

Page 12: Forest Carbon Partnership Facility and Climate Investment Fund

Key issues

Historically IPs have tense relationships with their Governments – This affects perceptions of the REDD national approach and WB FCPF

How to participate in the very complex REDD debate without receiving training and direct assistance?

How to benefit from future REDD revenues, especially when the Government is in charge?

Concern that Governments might promote conservation of forests without respecting traditional land rights and access to natural resources

Will safeguards apply, and if so will they go far enough?

Page 13: Forest Carbon Partnership Facility and Climate Investment Fund

Summary of comments sent to workshop participants and posted on the web

Three reports submitted by indigenous organizations posted on the web

Most of the comments are integrated in the FCPF procedures and the charter/info memo

Page 14: Forest Carbon Partnership Facility and Climate Investment Fund

Changes to the FCPF Charter, highlighting: traditional knowledge, early involvement and need for information,

stewardship of forests provided by IP

FCPF provides access to all documents and seeks guidance at early stage from IPs Indigenous Peoples integrating the Technical Advisory Panel Observer seat in Participants Committee

Safeguards will apply to the Readiness Mechanism of the FCPF

Each country needs to provide a Consultation and Outreach Plan BEFORE Readiness activities will be funded

How can the Bank/FCPF promote capacity development for REDD in IP communities? Provide small grants to int’l IP organizations to build capacity on

REDD, network and build their own strategy Encourage other partners: NGOs, foundations and bilateral donors

Responsesby the FCPF

Page 15: Forest Carbon Partnership Facility and Climate Investment Fund

Beyond the FCPF

The World Bank in joint collaboration with partner organization is in the process of discussing a broader engagement with IPs & forest dependent people in the forest sector:

Frequent dialogue with representatives capacity building Information sharing, communication improvements Etc.

Page 16: Forest Carbon Partnership Facility and Climate Investment Fund

THANK YOU!

More information at

www.forestcarbonpartnership.org