Forest Carbon Partnership Facility
Forest Investment Program
Peru Forest Issues
Columbia Forests
What are REDD, FIP, FCFP, and UN-REDD?
REDD (Reducing Emissions from Deforestation and forest Degradation) is a proposed funding mechanism being negotiated under the United Nations Framework Convention on Climate Change (UNFCCC) that aims to conserve forests and slow climate change through the creation of financial incentives for standing forest, reforestation, forest management and avoided deforestation. It is estimated that deforestation in tropical countries produces about 15-20% of global carbon emissions, making it an attractive target for climate change mitigation efforts. BIC aims to contribute to the effective design and implementation of the Forest Carbon Partnership Facility (FCPF) and the Forest Investment Program (FIP), which were both created by the World Bank as pilot programs to help countries prepare for REDD (in the case of the FCPF) and to provide strategic and transformative investments in the forest sector (in the case of the FIP). BIC works to ensure sound environmental and social due diligence in these programs as well as meaningful participation of forest-dependent communities in Africa, Asia, and Latin America on national REDD proposals.
BIC also serves as an official NGO observer to the FCPF, and closely coordinates efforts with the NGO and indigenous peoples’ observers of both the UN-REDD (a United Nations-run program with similar aims to FCPF) and the FIP.