Costa Rica's pioneering forest conservation efforts highlight the need for continued climate finance
The integration of Indigenous Peoples and local communities into REDD+ projects in Africa is highlighted as a significant means of honouring traditional knowledge and sustainable methods and upholding Indigenous Peoples' rights at the Regional Knowledge Exchange Workshop in Abidjan.
Contributors: Ngin Navirak (SGP National Coordinator, UNDP Cambodia), Sovanna Nhem (Climate and Forests Specialist, UNDP Cambodia), Petra Pontier (Assistant Policy Analyst - Environment and Climate Change, UNDP Cambodia), and UNDP’s Climate and Forests Team
In 2021, the REDD+ Results-Based Payments (RBP) Project, implemented by the United Nations Development Programme (UNDP), joined the effort to protect Costa Rica's forests with a budget of USD 54 million provided by the Green Climate Fund. This money will be used to implement actions to protect forests and prevent forest degradation by supporting two national programmes to which US$ 46.7 million in non-reimbursable funds are expected to be transferred.
The battle against climate change is intensifying, with the urgency to find sustainable solutions becoming more acute. Within this global effort, the integrity of carbon markets is paramount, ensuring they truly benefit host countries and contribute effectively to their Nationally Determined Contributions.
