REDD-PLUS results-based payments for results achieved by Brazil in the Amazon biome in 2014 and 2015
This is the first project that has been approved under the GCF’s REDD+ results-based payments pilot programme.
It provides payments for results derived from reducing emissions from deforestation in the Amazon region in 2014 and 2015. These results have subsequently been reported to the UNFCCC and undergone technical assessment and are fully compliant with UNFCCC requirements and the Terms of Reference for the GCF’s pilot programme on REDD+ results-based payments. Considering that Brazil will reinvest the proceeds received through this project in activities that are consistent with their Nationally Determined Contributions (NDCs) established under the UNFCCC Paris Agreement and national REDD+ strategy, Brazil will use the proceeds for (a) Development of a pilot of an Environmental Services Incentives Program for Conservation and Recovery of Native Vegetation (Floresta+); and (b) for Strengthening implementation of Brazil’s REDD+ strategy.
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GCF Project Team
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Phone +82 32 458 7751
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Phone +82 32 458 6155
National Designated Authority
News + Stories
GCF to explore how to extend REDD+ coverage at Asia-Pacific Forestry Week
14 Jun 2019 / The Green Climate Fund (GCF) will search for ways to expand the Fund’s use of climate finance to protect and restore forests during the Asia-Pacific Forestry Week 2019 which opens on Monday in Incheon, the Republic of Korea. GCF will participate in the forestry week, the fourth and largest such event held in the Asia Pacific region, to consult with a wide range of forestry experts to determine how to expand GCF’s engagement with REDD+ and other land management-based climate finance.