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09 September 2015
English

REDD+ Indonesia Newsletter - August 2015

uploaded by Zeva Aulia Sudana

The August REDD+ Indonesia Newsletter features a Guest Column by Dr. Tony Simons, Director General of the World Agroforestry Center in Kenya, and an interview with Mr. Mark Burrows, Managing Director and Vice Chairman of Credit Suisse. In addition to the interview of the month on private sector finance to support the global green growth transition, several articles focus on the role of the global financial sector to support sustainable development. The newsletter profiles two research studies on REDD+ in Indonesia, an infographic on the importance of mangroves for climate change mitigation, and a strategic partner profile on an Indonesian NGO supporting community-based forest management.

As always, we welcome your comments and feedback to 

06 August 2015
English

The Funding Instrument for REDD+ in Indonesia: Making the Case for Financial Innovation

uploaded by Zeva Aulia Sudana

 
The Funding Instrument for REDD+ in Indonesia (FREDDI): Making the Case for Financial Innovation

The estimated financial need for implementing REDD+ until 2020 is USD10 billion. Institutions and mechanisms to mobilize and manage REDD+ finance are a key priority of Indonesia’s REDD+ programme at this stage - and this study aims to support this process through analysis and recommendations. Specifically, the study reviews the early stages of the development of the Fund for REDD+ in Indonesia (FREDDI) which was housed with the National REDD+ Agency (BP REDD+), and - to the extent to which FREDDI developed before the duties and functions of BP REDD+ were incorporated within the Ministry of Environment and Forestry - considers its ability to achieve its mandated objectives with regards to fund management and mobilization. Further, the study provides an overview of the potential role of financial innovation – such as debt and market mechanisms – in enhancing the role that a Fund for REDD+ in Indonesia could play in the scope of Indonesia’s REDD+ programme. Ultimately, the report affirms the notion that such a Fund should evolve beyond a passive disbursement mechanism to mobilize further investment from both private and public sectors

06 August 2015
English

REDD+ Social and Environmental Safeguards Development and Implementation in Indonesia

uploaded by Zeva Aulia Sudana

REDD+ Social and Environmental Safeguards Development and Implementation in Indonesia


A system to monitor, report and verify the social and environmental impacts of REDD+ is integral to Indonesia’s REDD+ Programme, in line with both the UNFCCC Cancun Decisions and Indonesia’s own vision of REDD+ as Beyond Carbon. This study provides a comprehensive review of over 40 social and environmental safeguards related to REDD+ implementation in Indonesia, comparing each of them to the UNFCCC Cancun Safeguards (representing an authoritative international baseline for REDD+ social and environmental safeguards). The review covers standards related to multilateral agreements and programmatic standards; carbon market, NGO and private sector initiatives; bilateral programs; national instruments; and synergies with related international treaties. The study summarizes gaps and lessons learned from available safeguards systems, focusing on key themes such as Free Prior and Informed Consent, governance and coordination, accountability and stakeholder participation. Recommendations are provided to guide the further development of REDD+ in Indonesia, including the improvement of coherence and harmonization, improving information sharing, ensuring accountability and ensuring sustainability in safeguards implementation, including by undertaking a thorough cost analysis.

 

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