Background

The Conference of the Parties (COP), at its eighteenth session, decided to undertake a work programme on results-based finance in 2013 to progress the full implementation of the activities referred to in decision 1/CP.16, paragraph 70 (hereafter referred to as REDD-plus activities).

The COP decided that the aim of the work programme is to contribute to the ongoing efforts to scale up and improve the effectiveness of finance for REDD-plus activities, taking into account decision 2/CP.17, paragraphs 66 and 67.

The work programme will address options to achieve this objective, taking into account a wide variety of sources as referred to in decision 2/CP.17, paragraph 65, including:

(a). Ways and means to transfer payments for results-based actions;
(b). Ways to incentivize non-carbon benefits;
(c). Ways to improve the coordination of results-based finance;

It will draw upon relevant sources of information and will also take into account lessons learned from other processes under the Convention and from fast-start finance;

The COP decided that the work programme shall end by its nineteenth session unless it decides otherwise.

Co-chairs of the work programme

The COP invited the President of the COP to appoint two co-chairs, one from a developing country Party and one from a developed country Party, for the work programme referred to above.

The COP requests that the co-chairs, assisted by the secretariat, to:

(a). Support two in-session workshops relating to the issues to be addressed by the work programme;

(b). Prepare a report on the workshops for consideration by the COP at its nineteenth session, with a view to its adoption of a decision on this matter;

(c). Coordinate the activities of the work programme with the work under the Subsidiary Body for Scientific and Technological Advice related to methodological guidance for activities relating to reducing emissions from deforestation and forest degradation and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries.

Refer also to decision 1/CP.18, paragraphs 25–33.