DetailsInternational
Climate Initiative (IKI)

The project took a decentralised approach to using compensatory payments for forest protection in order to effectively halt logging within the Amazon rainforest over the long term. Communities that conserve tropical forests on their lands received financial compensation for their contribution to protecting the climate and biodiversity. The project has further developed existing plans, guidelines and instruments for the practical implementation of compensatory payments and was communicating these to the responsible parties within five regional governmental bodies. It also strengthened their institutional capacities for implementing this instrument, among other things through training and advisory support. Mechanisms for consultation and negotiation among public and private institutions at different levels (national, regional, local) and the indigenous organisations contributed to the coordinated management of transfer payments.