Indonesia REDD-plus RBP for results period 2014-2016

  • Mitigation
  • Under implementation
Date approved
21 Aug 2020
Completion date
26 Nov 2025
ESS Category
Category B
Financing
Public sector
Entity
United Nations Development Programme

Overview

This project recognises Indonesia's REDD+ results for 2014-2016, with a total volume of 27 million tonnes of carbon dioxide equivalent (MtCO2eq) submitted to GCF for results-based payments (RBP).

Indonesia will use the proceeds from these RBP to invest in activities that support the implementation of the country’s national REDD+ action strategy (STRANAS). This will augment current efforts addressing forest governance. This includes working with key agencies at the national, provincial, and local levels to strengthen the development, coordination, and implementation of Indonesia’s overall REDD+ architecture, as well as providing support to decentralised sustainable forest governance. This includes establishing forest management units and expanding implementation of the country’s social forestry programme. 

Result areas

Countries

Regions

Project timeline

  • Pipeline

    463 days

    • Concept note received

    • Funding proposal received

    • Cleared by GCF Secretariat

    • Legal opinion on AE's Internal Approval

    • Cleared by iTAP

  • Approved

    279 days

    • Approved by GCF Board

    • FAA executed

  • Under implementation

    1,847 days so far

    • FAA effective

  • To be completed

    Not started

  • Total project value $ 104 million

  • Tonnes of CO2 equivalent avoided 20.3 million

Financing

GCF-financing

0.0%

USD

USD 104 million

Show details

GCF-financing

100% disbursed

  • Rbp USD 103,781,250
  • Total GCF-financing USD 103,781,250

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