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Forest Carbon Partnership Facility (FCPF)
Initiative for reducing emissions
from deforestation and forest degradation
This initiative was launched on December 11, 2007 in Bali by the World
Bank to address the largest overlooked contributor to climate change —
the destruction of forests.
The Forest Carbon Partnership Facility is designed to set the stage for
a large-scale system of incentives for reducing emissions from deforestation
and forest degradation, providing a fresh source of financing for the
sustainable use of forest resources and biodiversity conservation, and
for the more than 1.2 billion people who depend to varying degrees on
forests for their livelihoods.
The Forest Carbon Partnership Facility will build the capacity of developing
countries in tropical and subtropical regions to reduce emissions from
deforestation and forest degradation and to tap into any future system
of positive incentives for REDD. In some of these countries, the FCPF
will also help reduce the rate of deforestation and forest degradation
by providing an incentive per ton of carbon dioxide of emissions reduced
through specific Emission Reductions Programs targeting the drivers of
deforestation and forest degradation.
Two mechanisms
The FCPF consists of two separate mechanisms, each with its own trust
fund for which the World Bank will act as Trustee:
Readiness Mechanism will assist approximately 20 developing tropical
and sub-tropical countries in preparing themselves to participate in a
future, large-scale, system of positive incentives for REDD.
Carbon Finance Mechanism. A few countries that will have successfully
participated in the Readiness Mechanism may be selected, on a voluntary
basis, to participate in the Carbon Finance Mechanism, through which the
FCPF will pilot incentive payments for REDD policies and measures in approximately
five developing countries.
Swiss Contribution to the FCPF
With a contribution of CHF 8.75 Mio (USD 7 Mio) to the Forest Carbon
Partnership Facility (FCPF) of the World Bank, the SECO strengthens its
international commitment in the promotion of innovative trade mechanisms
to mitigate climate change and promote sustainable development in developing
countries.
This commitment is complementary to other activities and financial contributions
to other funds in the field of climate change. With this contribution,
SECO consolidates its profile as pioneer in the development of new approaches
in the areas of "carbon finance" and Reducing Emissions from
Deforestation and Forest Degradation (REDD). In addition to the financial
participation, Switzerland provides technical expertise to the FCPF for
the implementation of its activities aimed at building the capacities
of selected developing countries in tropical and subtropical regions to
reduce emissions from deforestation and forest degradation and to tap
into a future system of positive incentives for REDD.
Birchmeier D. 2008: Das
Engagement des SECO in der Forest Carbon Partnership Facility (FCPF) der
Weltbank, presentation of the 19th of May 2008, SECO
Birchmeier D. 2008: Klima
und Tropenwald in der internationalen Zusammenarbeit des SECO, presentation
of the 19th of May 2008, SECO
Guex F. S.; Meuwly D. 2008: Klimastrategie
der Weltbank: Eine Chance für Schweizer Know-how, Spotlight,
SECO.
SECO, 2007: Die
Schweiz beteiligt sich mit gut acht Millionen Franken an neuem Klimafonds
zur Erhaltung des Tropenwaldes, Press Releases.
UN-REDD initiative und FCPF Meeting in Switzerland
The 3rd meeting of the Participants Committee of FCFP took place in Montreux
between 16-18 June 2009, right after a two-day meeting of the UN-REDD
initiative.
The first two of three Readiness Plans have been accepted. Panama and
Guyana are the first to benefit from World Bank official grant in order
to implement their REDD-Plans. The Readiness Plans and useful information
are open to the public on the website of forest
carbon partnership
The discussion about the 3 Readiness Plans Panama, Guyana and Indonesia
raised many issues like land tenure, consultation and consensus procedure
with indigenous people and marginalized groups, compensatory measures,
definition and measurement of baselines, integration of Carbon values
(Biodiversity, sustainable forest management, etc). NGO and indigenous
peoples representatives demanded clear governance safeguards, which should
apply equally to all countries, and the private sector and provide simple
and clear rules and procedures.
More information
A special Dialogue session was scheduled on Friday morning, 19 June.
The objective of this dialogue was to inform about advancement on REDD
and the FCPF and exchange information between interested European and
Swiss stakeholders, the FCPF Secretariat and selected FCPF participant
country representatives and on issues relating to reducing emissions from
deforestation and forest degradation and the advancement of the FCPF Partnership
of the World Bank. Representatives from the Society for Threatened Peoples,
Bruno-Manser-Fonds, Helvetas, WWF International, the Swiss College of
Agriculture SHL in Zollikofen, the ETHZ, the FOEN, SDC, private sector,
and SECO participated in this half day of presentations and discussions.
The debate came across an intense interest.
More Information
Publication
Anita Gordon; Bosquet B.; Aquino
A.R. 2007: The Forest Carbon Partnership Facility: A facility for
piloting activities to reduce emissions from deforestation and forest
degradation, Carbon Finance Unit, The World Bank, Washington. [English,
Français]
Internet pages
The
World Bank Carbon Finance Unit
The
World Bank Forest Carbon Partnership Facility (FCPF)
UN-REDD
Programme
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