REDD+ is vital for global efforts to combat climate change. The UNFCCC specifically recognized the GCF as a key funding avenue for channeling REDD+ RBPs. The GCF began offering such payments in 2017, and funding activities that are necessary to achieve REDD+ results since it started to approve funding proposals in 2015. This working paper has been prepared as part of the ongoing development of GCF’s sectoral guidance on forest and land use result area, which, among other strategic interventions, identifies the need to increase support for countries in implementing REDD+ and achieving results.
Includes footnotes