GEF Publishes Brief on Financing for Sustainable Forest Management and REDD+
July 2010: The Global Environment Facility (GEF) has published a brief describing its investment programme for sustainable forest management (SFM) and reducing emissions from deforestation and forest degradation in developing countries, conservation, sustainable management of forests and enhancement of carbon stocks ( REDD+), as well as opportunities for funding of forest-related activities in the fifth GEF cycle (GEF-5).
The brief explains that, in GEF-5, a separate funding envelope for SFM/REDD+ will be available for countries to invest portions of their allocations from biodiversity, climate change and land degradation toward SFM/REDD+ projects. It further clarifies that all types of forests, ranging from tropical and sub-tropical forests to woodlands, will be eligible for funding under the SFM/REDD+ Program. Country-driven projects that could be financed include: forest policy (re-)formulation; forest protected area creation and management; forest inventory and carbon measurement and monitoring; reduced-impact logging; certification of timber and non-timber forest products; and payment for ecosystem services. [The Brief]