UNDP: Multi-Donor Trust Fund Office - UN-REDD sheet
The United Nations Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries (UN-REDD Programme) is a collaboration between FAO, UNDP and UNEP. A multi-donor trust fund was established in July 2008 that allows donors to pool resources and provides funding to activities towards this programme.
The Intergovernmental Panel on Climate Change (IPCC) estimates that the cutting down of forests is now contributing close to 20 per cent of the overall greenhouse gases entering the atmosphere. Forest degradation also makes a significant contribution to emissions from forest ecosystems. Therefore there is an immediate need to make significant progress in reducing deforestation, forest degradation, and associated emission of greenhouse gases.
The United Nations Framework Convention on Climate Change (UNFCCC) agenda item on “Reducing emissions from deforestation in developing countries and approaches to stimulate action” was first introduced at the Conference of the Parties (COP11) in December 2005 by the governments of Papua New Guinea and Costa Rica, supported by eight other Parties. The challenge was to establish a functioning international REDD finance mechanism that can be included in an agreed post-2012 global climate change framework. Progress has been made and the need to meet the challenge is now reflected in the Bali Action Plan and the COP13 Decision 2/CP.13. A functioning international REDD finance mechanism needs to be able to provide the appropriate revenue streams to the right people at the right time to make it worthwhile for them to change their forest resource use behaviour.
In response to the COP13 decision, requests from countries, and encouragement from donors, FAO, UNDP and UNEP have developed a collaborative REDD programme. The UN-REDD Programme is aimed at tipping the economic balance in favour of sustainable management of forests so that their formidable economic, environmental and social goods and services benefit countries, communities and forest users while also contributing to important reductions in greenhouse gas emissions. The aim is to generate the requisite transfer flow of resources to significantly reduce global emissions from deforestation and forest degradation. The immediate goal is to assess whether carefully structured payment structures and capacity support can create the incentives to ensure actual, lasting, achievable, reliable and measurable emission reductions while maintaining and improving the other ecosystem services forests provide.
The UN-REDD Programme Fund is administered by the Multi-Donor Trust Fund Office (MDTF Office) of the United Nations Development Programme (UNDP) in accordance with its financial regulations and rules.