Programming Phase. Expected Results Highlights. Accessing the Fund Pre-Programming Phase FIP-SC to agree upon number of country or regional pilots and criteria for country selection; CIF Administrative Unit, through MDBs to inform countries and invite expression of interest; Selection of country or regional pilots by FIP-SC based on Expert Group Report; and Selected countries invited to confirm interest to participate and identify a focal point and establish their national-level multi-stakeholder steering committee. Furthermore, recommendations by civil society observers that FIP guidelines should comply with relevant international environmental and human rights agreements were rejected. Furthermore, many leaders in developing countries would argue that any increase in funding for coal projects is a good thing. It provides direct investments to address the drivers of deforestation and forest degradation.
Additional Resources
Forests also help countries respond to climate change. About million people who live within or close to dense forests depend on them for their subsistence and income. Forests are an important aspect of rural livelihoods, with rural households living near forested areas deriving as much as 22 percent of their income from forest sources according to the Poverty and Environment Network PEN. This contribution is greater than that world banks forest investment program wage labor, livestock, self-owned businesses or any other category aside from crops. Healthy forests provide critical ecosystem services important progarm people and economies such as habitat for biodiversity, provision of drinking water, water and climate cycle regulation, erosion prevention, crop pollination, soil fertility, and flood control. Biodiversity is essential to ecosystem health and the provision of these services. However, according to the IPBES, the rate of species extinctions is accelerating, with severe impacts on people worldwide.
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It achieves this by providing scaled-up financing to developing countries for readiness reforms and public and private investments, identified through national REDD readiness or equivalent strategies. FIP investments also mainstream climate resilience considerations and contribute to multiple co-benefits such as biodiversity conservation, protection of the rights of indigenous peoples and local communities, and poverty reduction through rural livelihoods enhancements. Conditions and Eligibility Requirements Country access requires:. FIP Investment strategies, programmes and projects should deliver transformational change and go beyond business-as-usual, and are assessed according to:. Transformational impact through a few programs should be prioritised over limited impact across numerous programs. The selection of pilot programs is based on:.
World Bank Forest Investment Program
It achieves this by providing scaled-up financing to developing countries for readiness investjent and public and protram investments, identified through national REDD readiness or equivalent strategies. FIP investments also mainstream climate resilience considerations and contribute to multiple co-benefits such as biodiversity conservation, protection of the rights of indigenous peoples and local communities, and poverty reduction through rural livelihoods enhancements.
Conditions and Eligibility Requirements Country access requires:. FIP Investment strategies, programmes and projects should deliver transformational change and go beyond business-as-usual, and are assessed according to:. Transformational impact through a few programs should woeld prioritised over limited impact across numerous programs.
The selection of pilot programs is based on:. Eight pilot countries were identified from 45 expressions of. Accessing the Fund Froest Phase. Programming Phase. The CIF administrative unit has also been working with partner countries to understand their domestic frameworks for monitoring and evaluation. Decisions are made by consensus. The Expert Group includes eight individuals, acting in their personal capacities, chosen on the basis of their expertise, strategic wrld operational experience and diversity of perspectives, including knowledge of scientific, economic, environmental and social aspects of conservation and sustainable use of forest ecosystems and climate change, governance and institutional and development planning.
Non-Government Stakeholder Participation In designing the Climate Investment Funds, consultations took place with potential donors and recipients, the United Nations family, invwstment multilateral development banks MDBscivil society organizations, and the private sector. The CIF were created on agreement from some 40 developing workd industrialized countries. Regional consultative meetings amongst indigenous peoples and local communities Regional consultative meetings with indigenous peoples and local communities were conducted in FIP pilot country regions, including meetings in Ghana, Lao PDR, Peru and Australia between November and April In Maythe Trust Fund Committees approved a disclosure policy supporting in-country disclosure of country-owned investment plans and strategies developed under each of the Trust Funds prior to their submission to a CIF Committee for approval.
Proposed plans are also posted on the CIF website no later than three weeks prior to review of the proposal by a Committee. In the case of proposed programs and projects, an information document describing the proposal is to be made progra at least two weeks prior to a decision on the funding of the proposal.
The policy recognizes that a country or a project proposer may have justifiable reasons for not publicly disclosing progrxm information in an investment plan or project, and in exceptional cases, subject to Committee approval, certain information may be kept confidential.
The safeguards included at the project level under the FIP depend on the partner multilateral development bank implementing the project. Furthermore, recommendations by civil society observers that FIP bankz should comply with relevant international environmental and human rights agreements were rejected.
Skip to content. Forest Investment Program. Date fund made operational : July Pending final agreement on the future of the climate change regime, the FIP will provide financing to pilot new approaches with potential for scaled-up, transformational action aimed at a specific climate change challenges or sectoral responses.
Activities Supported Activities supported by the FIP include: Investments that build institutional capacity, forest governance and information; Investments in forest mitigation efforts, including forest ecosystem services; and Investments outside the forest sector necessary to reduce the pressure on forests such as alternative livelihood and gorest reduction opportunities. Criteria for FIP Investment Strategies, Programs and Projects FIP Investment strategies, investemnt and projects should deliver transformational change and go beyond business-as-usual, and are assessed according to: Climate change mitigation potential; Demonstration potential at scale; Cost-effectiveness; Implementation potential; Integrating sustainable development co-benefits ; and Safeguards.
Criteria for Pilot Programme Selection Transformational impact through a few programs should be world banks forest investment program over limited impact across numerous programs. Accessing nanks Fund Pre-Programming Phase FIP-SC to agree upon number of country or regional pilots and ganks for country selection; CIF Administrative Unit, through MDBs to inform countries and invite expression of interest; Selection of country or regional pilots by FIP-SC based on Expert Group Report; and Selected countries invited to banos interest to participate and identify a focal point and establish their national-level multi-stakeholder steering committee.
Preparation of FIP investment programs and projects. Further processing of projects in accordance with MDB procedures, including final approval. Its main purpose is to establish a basis for monitoring and future evaluation of the impact, outcomes and outputs of FIP-funded activities.
The principal purposes of the evaluation are: a To assess investtment development effectiveness and the organizational effectiveness of the Climate Investment Funds to date.
Six representatives from eligible recipient countries, selected through consultation investmdnt the recipient countries. Disclosure policy In Maythe Trust Fund Committees approved a disclosure policy supporting in-country disclosure of country-owned investment plans and strategies developed under each of the Trust Funds prior to their submission to a CIF Committee for approval.
Date fund proposed world banks forest investment program February bankd Activities supported by the FIP include: Investments that build institutional capacity, forest governance and information; Investments in forest mitigation efforts, including forest ecosystem services; and Investments outside the forest sector necessary to reduce the pressure on forests such as alternative livelihood and poverty reduction opportunities.
Pre-Programming Phase Progrram to agree upon number of country or regional pilots and criteria for country selection; CIF Administrative Unit, through MDBs to inform countries and invite expression of interest; Selection of country or regional pilots by FIP-SC based on Proyram Group Report; and Selected countries invited to confirm interest to participate and identify a focal point and establish their national-level multi-stakeholder steering committee.
In designing the Climate Investment Funds, consultations took place with potential donors and recipients, the United Nations family, other multilateral development banks MDBscivil society organizations, and the private sector. Grants to indigenous peoples and local communities are an integral component of each pilot project and linked to the Forest Investment Strategy.
The FIP Design Document proposes ptogram dedicated grant mechanism to be established under the FIP to provide grants to indigenous peoples and local communities affected by pilot programmes to support and enable their participation in the development of FIP investment strategies, programs and projects.
FIP pilot programs are intended to be country-led and country—owned, by building on, enhancing and strengthening existing nationally prioritized REDD efforts, and respect national sovereignty.
REDD+ Ghana: Engaging People in Sustainable Forest Management and Bringing Community Benefits
In general, invwstment, they were relatively satisfied with the openness of the FIP secretariat and the positive attitude displayed by several participants apart from some developing country governments that seem to regard the FIP as a means of financing and legitimizing industrial logging. Participation in the second design meeting was particularly poorly organized. But it is ever clearer that the FIP could be business-as-usual. Skip to content. Strategic forest sector investments contribute to economic and social development, and enhanced ecosystems. For the World Bank, it also means that we are finding ways to help countries move on to lower carbon growth paths. For a decade, the CIF has built a portfolio of over investments in 72 developing and middle-income countries to scale world banks forest investment program renewable energy and clean technologies, mainstream climate resilience in development plans and action, and support the sustainable management of forests. In designing foresy Climate Investment Funds, consultations took place with potential donors and recipients, the United Nations family, other multilateral development banks MDBscivil society organizations, and the private sector. In the case of proposed programs and projects, an information document describing the proposal is to be made public at least two weeks prior to a decision on the funding of the proposal. In Maythe Trust Fund Committees approved a disclosure policy supporting in-country disclosure of country-owned investment plans and strategies developed under each of the Trust Funds prior to their submission to a CIF Committee for approval. Grants to indigenous peoples inbestment local communities are an integral component of each pilot project and linked to the Forest Investment Strategy. Increasing access to energy and other services using high-carbon technologies will produce more greenhouse gases, hence more climate change.
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