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World Resources Institute has produced a Working Paper reviewing 25 “Readiness Plan Idea Notes” (R-PINs) from the World Bank’s Forest Carbon Partnership Facility. The review looks at R-PINs already approved by the FCPF trust fund committee and finds serious omissions in the way many of the R-PINs address questions of good governance of forests. The Working Paper can be downloaded here (pdf file 100 kB).
“For many the term ‘REDD’ has become synonymous with a carbon financing approach where reducing emissions from forests by developign country actors is supported by developed country actors buying carbon credits, potentially to meet their own emissions reduction obligations.” This quotation comes from a World Resources Institute (WRI) briefing sheet titled, “Beyond Carbon Financing: The Role of Sustainable Development Policies and Measures in REDD”. The briefing sheet notes that under the Bali Action Plan, agreed in Bali in December 2007, REDD “is defined more broadly to include a range of actions by both developing and developed countries to address the drivers of deforestation”. |
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