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REDD+ Financing – Some Contradictory and Some Emerging Assumptions

As covered in the Global Climate Talks article in this bulletin, it seems that State Parties to the UN Climate Convention, meeting in Durban 28 November to 9 December 2011, are unlikely to reach a decision on the use of public and private finance for REDD+ and that this will seemingly be left to the discretion of governments[i].

However, while that may be the official ‘non-position’ that is strengthened at Durban, there are four key factors regarding REDD+ financing that need to be borne in mind. These were discussed extensively and very usefully at the recent Rights and Resources Initiative (RRI) 11th Dialogue on Forests, Governance and Climate Change[ii] held in London on 12 October 2011. To differing degrees, these four issues are influencing the emerging REDD+ negotiations and preparations at international, national and project level.