There are 96 posts tagged FCPF (this is page 1 of 7).
Back in May 2008, in an article titled, “What Would It Cost to Save Nature?”, German magazine Der Spiegel announced the dawning of “A new age of conservation”.
For the first time, a value is being assigned to forests, plants and coral reefs, a value that makes them worthy of protection. It is nothing short of a paradigm shift in the environmental movement.
In December 2007, Norway’s then-prime minister Jens Stoltenberg launched Norway’s International Climate and Forest Initiative (NICFI). Stoltenberg announced that Norway would be handing out more than US$500 million a year “to prevent deforestation in developing countries”. Stoltenberg was convinced that stopping deforestation would be quick and cheap.
To mark the tenth anniversary of the World Bank’s Forest Carbon Partnership Facility, more than a dozen NGOs signed a letter to the Bank calling for the suspension of the FCPF. “This approach to forest protection simply has not worked,” they wrote.
This week saw the tenth anniversary of the World Bank’s Forest Carbon Partnership Facility. To mark the anniversary, more than a dozen NGOs wrote to the Bank calling for the suspension of the FCPF. After ten years and over US$1 billion committed, the NGOs write, “FCPF cannot point to a single gram of carbon that it has saved nor any emissions reductions payments that have yet been made”.
Tosi Mpanu-Mpanu is a big cheese at the UN climate meetings. He was the Democratic Republic of Congo’s lead negotiator at COP23 in Bonn. He is the chairman of the Coalition for Rainforest Nations. He is the ex-chair of the Africa Group at the climate negotiations, and last year he was the chair of the least developed countries. He is on the board of the Green Climate Fund.
Last week, Rainforest Foundation UK and US wrote to staff at the World Bank, asking the World Bank not to approve the Mai Ndombe integrated REDD programme in the Democratic Republic of Congo, because of the risks involved for local communities. Yesterday Laurent Valiergue, Senior Forestry Sepcialist at the World Bank, replied. His response is available in full below.
Tomorrow (28 August 2017), a meeting is planned at the World Bank. On the agenda is whether to give internal approval for the Mai Ndombe integrated REDD programme in the Democratic Republic of Congo. Ahead of the meeting, Rainforest Foundation UK and US have written to the Bank asking that the programme not be approved.
In August 2012, the Independent Evaluation Group of the World Bank published a review of the Forest Carbon Partnership Facility (FCPF). The review revealed some serious problems with the FCPF and the Independent Evaluation Group recommended that the World Bank should re-think its approach to REDD.
A recent paper published in Geoforum focusses on REDD, property rights and resource control. The paper, “A political ecology of REDD+: Property rights, militarised protectionism, and carbonised exclusion in Cross River”, is written by Adeniyi P. Asiyanbi of Kings College London and the School of Oriental and African Studies.
The World Bank’s Forest Carbon Partnership Facility is supposed to help countries in the Global South reduce emissions from deforestation and forest degradation. It was launched at COP 13 in Bali in 2007. The Fund capital stands at US$850 million, of which US$1.12 billion is for the Readiness Fund, and US$750 million is for the Carbon Fund. But after nine years, the FCPF cannot point to a single country in which it has actually reduced deforestation.
Last week saw the 14th meeting of the Carbon Fund, part of the World Bank’s Forest Carbon Partnership Facility. At the meeting Costa Rica and the Democratic Republic of Congo presented their REDD programme plans. The Carbon Fund approved both country’s REDD plans (called Emissions Reduction Program Documents in the World Bank’s jargon).
Today is the second and final day of the Oslo REDD Exchange. Yesterday’s post featured the World Bank’s Paula Caballero demonstrating that she has perfected the art of speaking for 10 minutes without actually saying anything much.
This week sees the Oslo REDD Exchange 2016. Previous REDD Exchanges took place in 2011 and 2013, and almost 500 people are attending the third REDD Exchange. The presentations are being live-streamed and posted on Norad’s YouTube account.
“What we need is a new model of development for countries with tropical forests,” says Maria Claudia García, National Director of Forestry, Biodiversity and Ecosystem Services at the Ministry of the Environment and Sustainable Development in Colombia. According to Garcia, REDD is a “new vision”.
In mid-January 2016, the Democratic Republic of Congo submitted its revised Emission Reductions Programme Document (ER-PD) to the Carbon Fund of the World Bank’s Forest Carbon Partnership Facility. The Environmental Investigation Agency has produced a report of “preliminary comments” on the ER-PD.
