19.06.2013

Tracking REDD+ finance

With its new REDDX website, Forest Trends has created an online database on the reduction of emissions from deforestation and forest degradation (REDD+) that governments and other stakeholders can use to track exactly where funds are flowing for the implementation of the REDD+ mechanism. The REDDX acronym stands for 'Forest Trends REDD+ Expenditures Tracking Initiative'. The Initiative is dedicated to tracking and analysing information about the sources, uses, management and disbursement dates of REDD+ expenditures. Currently, the website shares finance data from Ecuador, Brazil, Ghana and Viet Nam; data will soon be added from other countries like the Democratic Republic of the Congo, Liberia, Tanzania and Colombia.

Visit the REDD+ online database at: reddx.forest-trends.org (external)

The International Climate Initiative (ICI) is supporting this independent online network to increase transparency regarding the allocation of funds and the administration of REDD+ measures. This new network allows diverse stakeholders to use this information for their own strategic planning and coordination. In this manner, ICI is actively contributing to improving the overall effectiveness of REDD+ climate finance.


Further information