Project profile — 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
Global Affairs Canada
MFM Global Issues & Dev.Branch

Country / region 

• Mozambique (2.12%)
• Honduras (2.12%)
• Togolese Republic (2.12%)
• Cameroon (2.12%)
• Nigeria (2.12%)
• Ethiopia (2.12%)
• Sudan (2.12%)
• Madagascar (2.12%)
• Peru (2.12%)
• Uganda (2.12%)
• Colombia (2.12%)
• Nepal (2.12%)
• Uruguay (2.12%)
• Liberia (2.24%)
• Panama (2.12%)
• Côte d'Ivoire (2.12%)
• Costa Rica (2.12%)
• Paraguay (2.12%)
• Pakistan (2.12%)
• Central African Republic (2.12%)
• Burkina Faso (2.12%)
• Suriname (2.12%)
• Ghana (2.24%)
• Argentina (2.12%)
• Papua New Guinea (2.12%)
• Nicaragua (2.12%)
• Belize (2.12%)
• Kenya (2.12%)
• Vanuatu (2.12%)
• Dominican Republic (2.12%)
• Cambodia (2.12%)
• Guyana (2.12%)
• Guatemala (2.12%)
• Laos (2.12%)
• Fiji (2.12%)
• Thailand (2.12%)
• Bhutan (2.12%)
• Indonesia (2.24%)
• El Salvador (2.12%)
• Tanzania (2.12%)
• Chile (2.12%)
• Congo, Democratic Republic (2.12%)
• Mexico (2.12%)
• Vietnam (2.12%)
• Gabon (2.12%)
• Bolivia (2.12%)
• Congo (2.12%)
• Africa, regional (0.00%)
• America, regional (0.00%)
• South Asia, regional (0.00%)
• Far East Asia, regional (0.00%)
• Oceania, 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)
• Trade development (not targeted)
• Biodiversity (significant objective)
• Climate change mitigation (principal objective)
• Climate Change Adaptation (significant objective)
• Urban issues (not targeted)
• Desertification (not targeted)
• Children's issues (not targeted)
• Youth Issues (not targeted)
• Indigenous Issues (significant objective)
• Disability (not targeted)
• ICT as a tool for development (not targeted)

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.

Expected results 

N/A

Results achieved 

Results achieved as of June 2019 include: (1) 44 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 $1.54 billion in non-FCPF investments; (3) 24 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.

Budget and spending 


Original budget $0
Planned disbursement $0
Transactions
Country percentages by sector
Type of finance Aid grant excluding debt reorganisation
Collaboration type Bilateral
Type of aid Contributions to specific-purpose programmes and funds managed by implementing partners
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