Nearly USD 4.7 billion of results-based finance for verified carbon emissions reductions has been committed by bilateral or multilateral sources.
As of April 2019, payments of about one third (35 percent) of these commitments have been disbursed or announced — mostly by Norway to Brazil.
Three countries – the Democratic Republic of the Congo, Mozambique, and Ghana — have signed Emission Reductions Payment Agreements (ERPAs) under the Forest Carbon Partnership Facility (FCPF) Carbon Fund.
Discussions around forest carbon markets are regaining momentum; however, it is unclear what role they will play in supporting efforts to reduce deforestation and protect forests.
The Forest Declaration Assessment and the Forest Declaration Platform have been supported over the years by the Climate and Land Use Alliance, the Good Energies Foundation, the Bezos Earth Fund, the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) of Germany, and the International Climate Initiative (IKI) of the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU), which supported this initiative on the basis of a decision adopted by the German Bundestag.
This project is supported by the Climate and Land Use Alliance and the Good Energies Foundation. Research that contributed to this project is part of the International Climate Initiative (IKI). The Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) supports this initiative on the basis of a decision adopted by the German Bundestag.
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