Background
The Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA) was established as a subsidiary body under the Convention by decision 1/CP.13 (the Bali Action Plan) and convened its last meeting AWG-LCA 15-2 in conjunction with COP 18 in Doha, Qatar By decision 1/CP.16 the Conference of the Parties (COP) had requested its subsidiary body, the Ad Hoc Working Group on Long-term Cooperative Action under the Convention (AWG-LCA, 2008–2012) to explore financing options for the full implementation of the results-based actions referred to in paragraph 73 of the same decision. Leading up to COP 18 in Doha, Parties submitted their views on this issue (contained in MISC FCCC/AWGLCA/2012/MISC.3, Add.1, Add.2, Add.3 and Add.4) which provided the basis of a Technical Paper (FCCC/TP/2012/3). The secretariat organized a workshop on this matter on 30 August 2012, in conjunction with the informal session of the AWG-LCA in Bangkok, Thailand, and produced a report on this workshop (FCCC/AWGLCA/2012/INF.8). The discussions on this matter during this informal AWG-LCA session were captured in an informal note.
The 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+ 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+ activities, taking into account decision 2/CP.17, paragraphs 66 and 67.
The work programme addressed 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 drew upon relevant sources of information and also took into account lessons learned from other processes under the Convention and from fast-start finance.
The COP concluded this work programme at its nineteenth session, resulting in decision 9/CP.19 which provides guidance to the financing and support for the implementation of REDD+ activities for Parties and entities financing such activities.
Workshops on results-based finance to progress the full implementation of REDD+ activities
First workshop
The co-chairs shared an information note on the first workshop on results-based finance for the full implementation of the activities referred to in decision 1/CP.16, paragraph 70. The workshop took place on 10 June 2013.
Workshop website
Second workshop
The second workshop on results-based finance for the full implementation of the activities referred to in decision 1/CP.16, paragraph 70, took place from 21 to 22 August 2013.
Workshop website
Both workshops were moderated by the co-chairs of the work programme, Mr. Agus P. Sari (Indonesia) and Ms. Christina Voigt (Norway). The outcomes of both workshops are captured in FCCC/CP/2013/5.
Further information
Message to Parties from the co-chairs on 17 October 2013
Message to Parties from the co-chairs on 29 May 2013
Message to Parties from the co-chairs on 19 April 2013
Outcome of the COP Work Programme on REDD Finance
COP 19 concluded the work programme and, as part of the Warsaw Framework for REDD+, adopted decision 9/CP.19, entitled: Work programme on results-based finance to progress the full implementation of the activities referred to in decision 1/CP.16, paragraph 70.
By decision 9/CP.19, the COP, inter alia:
- Reaffirms that results-based finance may come from a wide variety of sources, public and private, bilateral and multilateral, including alternative sources;
- Encourages financing entities, including the Green Climate Fund in a key role, to channel adequate and predictable results-based finance in a fair and balanced manner, and to work with a view to increasing the number of countries that are in a position to obtain and receive payments for results-based actions;
- Encourages financing entities to continue to provide financial resources to alternative policy approaches, such as joint mitigation and adaptation approaches for the integral and sustainable management of forests;
- Recognizes the importance of incentivizing non-carbon benefits for the long-term sustainability of the implementation of the activities referred to in decision 1/CP.16, paragraph 70;
- Decides to establish an information hub on the REDD+ Web Platform, to publish information on the results and corresponding results-based payments;
- Requests the Standing Committee on Finance to consider the issue of financing for forests in its work on coherence and coordination, including to hold a forum to discuss these issues.
