- Country:
- Brazil
- Implementing organisation:
- KfW Entwicklungsbank
- Partner institution(s):
- Acre State Government- Brazil
- Acre State Government- Brazil,Acre State Government- Brazil
- BMU grant:
- € 9,000,000
- Duration:
- 12/2013 till 06/2017
- Website(s):
As of: December 2019
This project aimed to achieve significant emission reductions (ER) by preventing deforestation in the Brazilian state of Acre. Hence, it seeked to demonstrate the implementation of a performance-based REDD+ approach and to generate new insights for the climate negotiation process. This interim REDD+ financing approach was in accordance with UNFCCC requirements in contributing to climate change mitigation by preserving forests. Achieved deforestation emission reductions were rewarded ex-post, based on a historic deforestation baseline using data from the Brazilian surveillance system PRODES by the national space agency INPE. The measure was expected to result in GHG mitigation payments for 2.3 m t CO2 (the monetary value depends on the exchange rate, since compensated in USD).
08.11.2016 | Global conservation of forests |