Liberia has a forest cover of 4.5 million hectares including 43% of the Upper Guinean forests, a biodiversity hotspot. Between 2005 and 2010, the national annual deforestation rate was 0.68%.
Following the Bali COP, Liberia submitted a Readiness Plan Idea Note (R-PIN) to the Forest Carbon Partnership Facility. The R-PIN was successfully received and Liberia was granted USD$200,000 to develop a Readiness Preparation Proposal (R-PP). The R-PP was approved in March 2012 and a preparation grant was signed in June 2012.
Financing flows and institutions receiving funds committed for REDD+ activities in Liberia:
A large portion of initial institutions or “first recipients” receiving funding for REDD+ activities in Liberia are based in-country. The Government of Liberia is scheduled to receive around 39% or $3.8 million of the total commitments to Liberia and local, Liberian NGOs/academic institutions are scheduled to receive 29% of the total commitments or US$2.7 million.
International NGOs/academic institutions are scheduled to receive 31% of REDD+ finance committed in the period between 2009 and 2012 or roughly US$3million.
Secondary institutions or “second recipients” receiving REDD+ finance where data has been collected are also displayed in the chart. In Liberia, of the US$3 million committed to international NGOs/academic institutions, 7.1% (US$212,582) has been passed on to local, Liberian NGOs/academic institutions, 1.7% (US$50,000) has been passed on to other international NGOs/academic institutions, 0.2% (US$6,000) has been passed on to the Ministry of State for Presidential Affairs and 1% (US$30,000) has been committed to international consultants to implement activities.
Low percentage transfers of funding from first to second recipients should not be seen as a failure to implement REDD+ activities in Liberia. First and second recipients may pass funding to other organizations to implement activities, commit funding directly to local communities or households for payments for environmental services, or implement the activities directly themselves. A clearer picture will emerge as additional REDDX data collection continues.
An annual breakdown of funding committed to first recipients shows that local, Liberian NGOs/academic institutions account for 67% of all funding committed in 2009. Local Liberian institutions also account for 37% of total 2010 and 48% of total 2011 commitments to Liberia.
However by 2012, over 80% of commitments are flowing to the Government of Liberia following larger multilateral commitments, such as the Forest Carbon Partnership’s Readiness Preparation Proposal (R-PP) implementation grant.
International NGOs/academic institutions received annual commitments ranging between US$550,000 and US$930,730 in the period 2009 -2012.