According to Ecuador’s Ministry of Environment, the national deforestation rate from 2008 to 2012 was approximately 0.6%, or an average of 74,400 hectares per year. The country has prioritized lowering its deforestation rate through a number of national policies. Ecuador’s Ministry of the Environment launched the Socio Bosque Program in 2008 to incentivize the protection of forests, and in 2009, the country’s Plan for Good Living set a national goal to reduce deforestation by 30% by 2013. Ecuador has seen support for its initiatives from the UN-REDD Programme – after Ecuador became a beneficiary country in 2011 – and other international, multilateral and bilateral commitments.
Main donors, levels of funding committed and disbursed to Ecuador between 2009 and 2011:
The chart shows the relative levels of funding donors have committed as well as the proportion disbursed to their recipients by the end of 2012. The percentage of committed funding that has been disbursed varies from 0% to 81%. The average disbursement percentage is 39%.
From 2011 to 2012, donor disbursements have increased significantly. This is primarily due to the German development bank, KfW’s recent disbursements, many of which represent large multi-year commitments, with disbursement schedules starting in 2012 and running through 2018.
The chart maps the geographic distribution of the main donors to Ecuador and cumulative support by geographic location of donor headquarters. This chart therefore shows the growing importance of both government and non-government actors in financing for REDD+. For Ecuador, a large portion of REDD+ funding is coming from Germany, the US, and international multilaterals.
Multilaterals and other types of internationally-focused donors are shown in the purple circle. Funding from the Inter-American Development Bank (IDB) is part of a regional program spanning five countries, namely Ecuador, Colombia, Brazil, Peru, and Bolivia. For the purpose of tracking finance in Ecuador under this initiative, the total amount provided by IDB to the five countries was divided equally by five to represent an amount that approximates the support Ecuador is receiving from the donor. Additionally, the recipient of this funding, COICA, has provided US$41,400 of co-financing, in the form of technical support.