DRC to Receive Results-Based Funding to Combat Deforestation
Just six months after the landmark agreement for climate change was hammered out in Paris, country pioneers and thought leaders of results-based funding for tropical forest conservation met again in the very same city.
They were taking part in meetings from June 20 to 22 of the World Bank’s Forest Carbon Partnership Facility (FCPF), a global partnership of governments, businesses, civil society, and Indigenous Peoples focused on reducing emissions from deforestation and forest degradation, activities commonly referred to as REDD+.
For the first time, Costa Rica, a longtime pioneer in forest conservation, and the Democratic Republic of Congo (DRC), a champion of REDD+ and home to the second largest tropical forest in the world, presented their large-scale programs, which aim to reduce forest loss and to improve the livelihoods of indigenous peoples and local communities. With these programs, the two countries signaled their momentum to deliver on their national climate change commitments under the Paris Agreement (referred to as Nationally Determined Contributions).