Forest Carbon Partnership Facility - Forest Carbon Fund
The Forest Carbon Partnership Facility (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 Carbon Fund provides payments for verified emission reductions from REDD+ programs in countries that have made considerable progress towards REDD+ readiness. Carbon Funds payments are designed to help countries and their stakeholders achieve long-term sustainability in financing forest conservation. They are intended to help reduce climate change impacts from forest loss and degradation by making forests more valuable standing than cut down.
Assistance is divided into four main categories:
- General Economic Policies and Regulations: taxation, subsidies, rural credit, certification, law enforcement)
- Forest Policies and Regulations: taxation, subsidies, certification, concession regimes, securing land tenure and land rights, forest law, governance and enforcement, zoning, protected areas, payments for environmental services (PES)
- Forest Management: forest fires, reduced impact logging, reforestation
- Rural Development: community development, rural electrification, community forestry