Funding area: Preserving and restoring natural carbon sinks
Forests and tropical forest ecosystems in particular, store large amounts of carbon in their biomass. As a result of land-use change, deforestation and forest overexploitation, this stored carbon is released into the atmosphere as CO2 and contributes to global climate change. According to figures from the Intergovernmental Panel on Climate Change (IPCC), the resulting greenhouse gas emissions make up roughly twelve percent of total anthropogenic emissions worldwide. The international community has therefore developed an approach known as ‘REDD+’, which offers financial incentives to preserve forests in emerging market and developing economies. This approach aims to reduce emissions from deforestation and the degradation of forests in the long term.
IKI’s approach for the preservation and restoration of natural carbon sinks
Within the funding area ‘Preserving and restoring natural carbon sinks’, an important part of the work of the International Climate Initiative (IKI) is to support other countries to implement the REDD+ framework. The IKI is also funding projects for forest and landscape restoration (FLR) and for developing deforestation-free supply chains as part of the Bonn Challenge.
The support targets strategies intended for the implementation of the Nationally Determined Contributions (NDCs) in partner countries. Priorities here include funding sustainable business models and mobilising private investment. One central aim of this work area is to utilise synergies between forest conservation and biodiversity conservation, and between emissions mitigation and adaptation to the effects of climate change.
Global ideas for climate action and biodiversity conservation
Insights from IKI projects offer innovative input for international negotiations conducted under the United Nations Framework Convention on Climate Change (UNFCCC) and the Convention on Biological Diversity (CBD). Know-how from project work is also applied as part of international and multilateral initiatives.
The United Nations emphasises the importance of restoring degraded forests and other landscapes and recognizes the vital contribution they make in protecting the climate and biodiversity, and has officially designated the period 2021 - 2030 as the UN Decade on Ecosystem Restoration. The objective of this UN Decade is to contribute to furthering the goals of the three UN Conventions on climate change, biodiversity and desertification, as well as the Sustainable Development Goals (SDGs).
Sustainable development also includes the moderate usage of ecosystems that make significant contributions to the livelihoods of local communities in IKI partner countries. A secure source of income coupled with protection of forests, also plays an important role for the long-term preservation of these ecosystems.
Ecosystem diversity offers a wide range of opportunities for carbon sequestration
Alongside FLR and REDD+ measures, which are implemented largely in tropical countries, IKI also finances measures for mitigating emissions and sequestering carbon in other ecosystems: these include moorlands and grasslands as well as boreal coniferous forests.
At a glance
From 2008 to the end of 2021, a total of over 145 projects with a total funding volume of 577.2 million euros were approved in the funding area "Preservation and Restoration of Natural Carbon Sinks".
Forest Landscape Restoration in Central America and the Carribean and implementation of the Green Development Fund for Central America (REDD Landscape)
Forest Landscape Restoration by means of sustainable wood energy value chains
Catalyzing private sector commitment to implement the Bonn Challenge – a platform for success