Contribution for accelerating the implementation of REDD+ in Africa
As of: January 2021
Forest conservation, the restoration of degraded forests and the reforestation of formerly forested areas are important measures to counteract the greenhouse gas emissions released by deforestation. REDD+ is intended to create incentives for forest conservation through financial transfers from the global North to the South. The project is a trust fund for the acceleration of REDD+ in Africa. It supports the improved development of REDD+ strategies, policies, investment programs and projects in African countries as part of their low-carbon development strategies. In addition, the main financing gaps for the implementation of REDD+ and forestry development in African countries are to be accelerated and bridged.
State of implementation/results
The project is a trust fund which is supported by the Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) as a single donor with a total of €15 million. It aims at stepping up the mechanism of REDD+, developed by Parties to the United Nations Framework Convention on Climate Change (UNFCCC).
Project data
- Country:
- worldwide
- Implementing organisation:
- The World Bank Group
- BMU grant:
- 15.000.000,00 €
- Duration:
- 12/2018 till 12/2030