Details - International Climate Initiative (IKI)

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As of: January 2018

REDD for Early Movers - Acre


Objective and activities

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).

State of implementation/results

  • Project completed
  • Flagship project as it is one of the first REDD+ projects with successful results-based payments (Phase III REDD+) delivered.
  • With the help of the project, a total of 2.47 million tCO2e reduced deforestation emissions could be compensated for 2012/2013.
  • Based on a conservative reference emissions level, Acre reduced its emissions by 8,3 million tCO2e for the year 2014.
  • In the course of this process, about 1000 families (approx. 4000 people) were directly supported in the development of alternative income sources in order to reduce deforestation in the long term.
  • The observed deforestation trend shows a long-term decrease, although fluctuations occur in some years due to small scale deforestation.
  • The project places Germany as pioneer of REDD+ finance.

Project data

Country:
Brazil

Implementing organisation:
KfW Entwicklungsbank

Partner institution(s):
Acre State Government- Brazil;Acre State Government- Brazil

BMUB grant:
€ 9,000,000

Duration:
12/2013 till 06/2017

Website(s):



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