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REDD+

GCF Support for REDD+

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REDD+ is divided into three phases, which are roughly associated with readiness (which is different from GCF’s Readiness funding programme), implementation, and payment for results. Phase 1 of REDD+ includes developing national strategies or action plans, policies and measures, and other capacity building activities. Phase 2 includes implementing national policies and measures, and national strategies or action plans. Phase 3 consists of results-based payments following the verification of emission reductions. This is a largely untested phase which GCF has begun to support in its pilot programme for results-based payments.

Developing country Parties to the UNFCCC can access GCF support for activities across the three REDD+ phases through:

GCF Support per Phase

Phase 1: Readiness

GCF’s Readiness and Preparatory Support Programme (the Readiness Programme) provides funding to strengthen the institutional capacities of National Designated Authorities (NDAs) or focal points and Direct Access Entities to engage with GCF. Resources may be provided in the form of grants or technical assistance. Read more

Phase 2: Implementation

Project Preparation Facility support can be used to prepare funding proposals for the project cycle. It can also be used to prepare funding proposals to participate in GCF’s pilot programme for results-based payments. GCF’s regular project cycle, the mainstay of the Fund’s mobilisation of climate finance, is another potential source of REDD+ support. Accredited Entities submit funding proposals that are assessed by the GCF Board during their regular meetings, usually held three times a year. Read more

Phase 3: Results-based Payments

GCF accepts concept notes and funding proposals as part of a pilot programme for REDD+ results-based payments. The five-year pilot marks a major milestone for the Fund’s support of REDD+.

This pilot programme follows a decision at the 18th GCF Board meeting in October 2017 to pilot REDD+ results-based payments, consistent with the Warsaw Framework for REDD+ and other REDD+ decisions under the United Nations Framework Convention on Climate Change (UNFCCC).

Accredited Entities are invited to submit concept notes and funding proposals in close consultation with the relevant GCF National Designated Authority and REDD+ entity/focal point using the provided templates. Countries that have completed the first two phases of REDD+ for results generated from the end of 2013 to the end of 2018 are eligible to apply for phase 3 funding through this pilot programme. This request for proposals runs from the end of 2017 until the last GCF Board meeting in 2022.

REDD+ Results-based Payments Pilot

Open for 5 years (2017-2022)
Envelope USD 500 million
Financial valuation USD 5 per tCO2e
Eligibility period 31 December 2013 - 31 December 2018
Access modality Accredited Entities
Submission Concept notes and funding proposals
Assessment Scorecard

Accredited Entities are invited to submit concept notes and funding proposals in close consultation with the relevant GCF National Designated Authority and REDD+ entity/focal point using the provided templates.

Countries that have completed the first two phases of REDD+ for results generated from the end of 2013 to the end of 2018 are eligible to apply for phase 3 funding through this pilot programme. This request for proposals runs from the end of 2017 until the last GCF Board meeting in 2022.