Over US$7.3 billion has been pledged to support REDD+ readiness in the run up to 2015, with US$4.3 billion to be spent in the period between 2010 and 2012. Yet, despite high level multilateral and bilateral or government financial commitments, information remains limited on exactly how much of this money is actually flowing to the national level, the types of REDD+ activities supported in this Fast Start period, and the organizations managing and actually implementing these activities.
Forest Trends (with funding from the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety’s International Climate Initiative, the Skoll Foundation and the Rights and Resources Initiative) is tracking REDD+ finance in thirteen countries to determine:
The aim of this initiative is to provide information that will help governments and other REDD+ stakeholders better assess gaps and needs against national REDD+ strategies and to have a better understanding of the financial flows associated with REDD+ financing.
The REDDX initiative is a central pillar of Forest Trend’s Forest Trade and Finance Program which aims to conserve forests, investment and trade in sustainable forest products.
If you would like more information on the REDDX initiative or report on any data please contact us at:
Forest Trends Association
1203 19th St NW, 4th Floor
Washington, DC 20036
Phone: (202) 298 3000