Forest Carbon Partnership Facility Annual Report 2012

Summary

In its fourth year of implementation, the Forest Carbon Partnership Facility (FCPF) focused on putting in place the operational framework for the transition from the Readiness Fund to the Carbon Fund. The Facility made significant progress in defining REDD+ Readiness as well as performance-based payments, building on both policy guidance from the UNFCCC and practical experience from countries implementing REDD+ Readiness activities on the ground. Fiscal year 2012 also marked a year of increased efforts to reach out to stakeholders, in particular forest-dependent indigenous peoples and local communities. The Facility broadened the number of Delivery Partners, which allows the FCPF to better extend technical assistanceservices to REDD+ Country Participants.