Project profile — Forest Carbon Partnership Facility - Readiness Fund

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Overview

Overview

Forest Carbon Partnership Facility - Readiness Fund - Overview
CA-3-M013440001
$40,000,000
Forest Carbon Partnership Facility (47504)
2011-02-02 - 2022-12-31
Operational
Country / region • Bhutan (2.12%)
• Chile (2.12%)
• Fiji (2.12%)
• Ethiopia (2.12%)
• Uruguay (2.12%)
• Guatemala (2.12%)
• Madagascar (2.12%)
• Belize (2.12%)
• Vanuatu (2.12%)
• Colombia (2.12%)
• Nigeria (2.12%)
• Costa Rica (2.12%)
• Peru (2.12%)
• Burkina-Faso (2.12%)
• Liberia (2.24%)
• Suriname (2.12%)
• Dominican Republic (2.12%)
• Gabon (2.12%)
• Thailand (2.12%)
• Vietnam (2.12%)
• Cameroon (2.12%)
• Ghana (2.24%)
• Uganda (2.12%)
• Paraguay (2.12%)
• Congo (2.12%)
• Mozambique (2.12%)
• Argentina (2.12%)
• Panama (2.12%)
• Central African Republic (2.12%)
• Nepal (2.12%)
• Congo, Democratic Republic (2.12%)
• Mexico (2.12%)
• Honduras (2.12%)
• Papua New Guinea (2.12%)
• El Salvador (2.12%)
• Tanzania (2.12%)
• Côte d'Ivoire (2.12%)
• Guyana (2.12%)
• Pakistan (2.12%)
• Bolivia (2.12%)
• Sudan (2.12%)
• Togolese Republic (2.12%)
• Kenya (2.12%)
• Indonesia (2.24%)
• Laos (2.12%)
• Cambodia (2.12%)
• Nicaragua (2.12%)
• South Asia, regional (0.00%)
• Africa, regional (0.00%)
• Far East Asia, regional (0.00%)
• Oceania, regional (0.00%)
• America, regional (0.00%)
Sector • Forestry
Forestry policy and administrative management (31210) (100.00%)
Policy marker • Gender equality (significant objective)
• Environmental sustainability (cross-cutting) (principal objective)
• Participatory development and good governance (significant objective)
• Biodiversity (significant objective)
• Climate change mitigation (principal objective)
• Indigenous Issues (significant objective)
• Climate Change Adaptation (significant objective)
• Reproductive, Maternal, Newborn and Child Health (RMNCH) (not targeted)
Description and results

Description

This project represents CIDA’s contribution to the Forest Carbon Partnership Facility’s (FCPF) Readiness Fund. The FCPF is a World Bank-managed global partnership that assists developing countries in tropical and sub-tropical regions in their efforts to reduce greenhouse gas emissions from deforestation and forest degradation. It promotes forest conservation, sustainable management of forests and the enhancement of forest carbon stocks (amount of carbon stored in forest ecosystems). Through the Readiness Fund, developing countries receive technical and financial assistance to help them in the development of strategies, policies, and systems to address deforestation and forest degradation.

Results achieved

Results achieved as of June 2018 include: (1) 43 Readiness Preparation Grants have been signed, with many countries in advanced stages of programs to reduce emissions from deforestation and forest degradation (REDD+) readiness; (2) US $314 million in readiness grant funding has been allocated, leveraging at least $1.05 billion in non-FCPF investments; (3) 16 Readiness Packages have been endorsed, demonstrating advanced progress in the readiness process; (4) Increased capacity of Indigenous people and civil society organizations to participate in national REDD+ readiness and implementation; and (5) improving the integration of gender equality into REDD+ readiness These results are contributing to the overall outcomes of the FCPF, including improved governance and transparency for sustainable forest management, reduced emissions from deforestation and forest degradation, enhanced biodiversity, and improved livelihoods for forest dependent men and women.

Financials

Financials


Original budget $0
Planned Disbursement $0
Transactions
Country Percentages by Sector
Related information

Related information

Forest Carbon Partnership Facility - Readiness Fund - Related information
Related links
Global Affairs Canada
MFM Global Issues & Dev.Branch
Aid grant excluding debt reorganisation
Bilateral
Contributions to specific-purpose programmes and funds managed by international organisations (multilateral, INGO)
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