Forest Carbon Partnership Facility FCPF - Readiness Fund
The FCPF is a global partnership of governments, businesses, civil society, and Indigenous Peoples focused on reducing emissions from deforestation and forest degradation, forest carbon stock conservation, the sustainable management of forests, and the enhancement of forest carbon stocks in developing countries (activities commonly referred to as REDD+). The FCPF has two separate but complementary funding mechanisms — the Readiness Fund and the Carbon Fund.
The Readiness Fund supports tropical and sub-tropical developing countries in preparing themselves to participate in future REDD+ activities, including:
- Adopting national REDD+ strategies
- Developing reference emission levels
- Designing measurement, reporting, and verification systems
- Setting up REDD+ national management arrangements