ObjectivesFund scope and strategic framework
Fund scope
Curbing greenhouse gas emissions requires expansive forests. Larger investments and efforts are needed to reduce deforestation and forest degradation (REDD+); measures that result in the sustainable management of forests and enhancement of forest carbon stocks.
Committed to such principles, the government of the Democratic Republic of Congo (DRC) created a national strategy in 2013 to implement a country-wide REDD+ framework. The DRC National REDD+ Fund supports the facilitation and coordination of programmes that strengthen national ownership and efficiently allocate resources. Respecting social and environmental safeguards puts DRC on the road to reducing national emissions and preserving forest cover by 2030.
Strategic framework
Financing national REDD+ strategies and investment plans for the DRC, the Fund provides resources to partners striving to achieve national deforestation and sustainable environmental management goals. Action strengthens leadership in the areas of environmental and forest conservation, while broader objectives are to secure various types of innovative financing to assist the Government of DRC in advancing REDD+ priorities and implementing rapid, consistent, and effective solutions.
Funded initiatives promote policy dialogue associated with the REDD+ process, and also measure and transparently monitor results in accordance with United Nations/REDD+ standards and UNFCCC guidelines. The three windows of the Fund are:
- Capacity development and REDD+ investments
- Payments for environmental services
- REDD+ projects that generate carbon credits
By providing a clear entry point for financing the national REDD+ strategy for the DRC, the Fund facilitates the strategic use of contributions toward actions that enhance coordination, increase national ownership, and secure sustainable and holistic outcomes for all.