FP110

Ecuador REDD-plus RBP for results period 2014

Ecuador REDD-plus RBP for results period 2014

  • Status Under implementation
  • Date approved 08 Jul 2019 at B.23
  • Est. completion 26 Feb 2026
  • ESS Category Category B

Acknowledging Ecuador’s REDD+ 2014 results - a total volume of 4,831,679 tonnes of carbon dioxide equivalent (tCO2eq) in emissions reductions - for GCF results-based payments (RBP)

These results have been reported to the United Nations Framework on Climate Change Convention (UNFCCC) and have undergone technical assessment. They are now fully UNFCCC compliant. Ecuador will use the results-based payments to invest in additional activities that support the implementation of their national REDD+ action plan. This includes developing policies and institutional management for REDD+; transitioning to sustainable agricultural production systems; sustainable forest management, conservation and restoration; and managing a national REDD+ action plan.

Total project value

 

Tonnes of emissions avoided

 

Theme

Mitigation

Result areas

Project timeline

Pipeline

19 Jun 2018 - 385 days

Concept note received

19 Jun 2018

Funding proposal received

27 Jul 2018

Cleared by GCF Secretariat

08 Nov 2018

Legal opinion on AE's Internal Approval

21 May 2019

Cleared by iTAP

30 May 2019

Approved

08 Jul 2019 - 234 days

Approved by GCF Board

08 Jul 2019

FAA executed

11 Dec 2019

Under implementation

26 Feb 2020 - 39 days so far

FAA effective

26 Feb 2020

Completed

26 Feb 2026 - 2,154 days to go

One region

  • Latin America and the Caribbean

One country

USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing

InstrumentAmount
Results-Based PaymentUSD 18,571,766

GCF Contacts

General media inquiries

GCF Communications
Phone +82 10 4458 7751
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Request for information

GCF Information Disclosure
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Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6157
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Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155
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Accredited Entity

United Nations Development Programme

Pradeep Kurukulasuriya
Executive Coordinator and Director, Global Environment Finance
304 East 45th Street, FF-9th Floor, New York, NY, United States
Phone +1 (212) 906-5884
pradeep.kurukulasuriya@undp.org
Robin Merlier
Environmental Policy Specialist Global Environmental Finance, Bureau for Policy and Programme Support (BPPS)/Global Policy Network
Phone +1 2129065842
robin.merlier@undp.org

National Designated Authority

Ecuador

Ministry of Environment

Steven Petersen
Undersecretary of Climate Change
Calle Madrid 1159 y Andalucia, Quito, Ecuador
Phone (593 2) 398 7600
steven.petersen@ambiente.gob.ec