Signature of the 'Payments for REDD + results for results achieved by Brazil in the Amazon biome' project

Signature of the 'Payments for REDD + results for results achieved by Brazil in the Amazon biome' project

Joint statement from the Ministry of Environment, Ministry of Foreign Affairs and UNDP

Brasilia, Brazil, 2 April 2020 - Brazil's Ministry of the Environment (MMA), Ministry of Foreign Affairs (MRE) and the United Nations Development Program (UNDP) signed the project document “Payments for results of REDD + (Reducing Emissions from Deforestation and Forest Degradation) for results achieved by Brazil in the Amazon biome ”.

The project was presented by the Ministry of the Environment during the first meeting of the National Council for the Legal Amazon, which endorsed the proposal and recognized the important contribution of the Green Climate Fund (GCF) to immediate actions by the Federal Government with a view to the preservation and recovery of the Amazon rainforest.

This contribution enables the Pilot Program to Encourage Environmental Services for the Conservation and Recovery of Native Vegetation, created by the Ministry of the Environment and entitled Floresta+.

The signature of the project document demonstrates the Federal Government's interest in encouraging the conservation of areas additional to those provided for in the Brazilian Forest Code and the recovery of small rural properties, as well as in the collective territories of indigenous peoples and traditional communities, in addition to supporting innovative actions and measures to develop , implement and leverage public policies and an economy of conservation and recovery of native vegetation. Another positive result is the strengthening of the National Strategy for REDD + (ENREDD +) through improvements in its governance, structure and systems.

With a total amount of US $ 96,452,228.00 and expected completion by January 2026, the project has funds from the Green Climate Fund (GCF). This global fund was created in 2010 by the 194 countries that are part of the United Nations Framework Convention on Climate Change (UNFCCC), and its objective is to provide equal financing resources for mitigating and adapting to global climate change.

The project proposal was approved by the GCF Board of Directors at its 22nd Meeting in March 2019, as the first proposal at the global level under the GCF REDD + results-based pilot payments program. The approval is a historic result that demonstrates recognition of Brazil's efforts to implement policies to combat deforestation.

UNDP, an entity accredited by the GCF, will be responsible for creating a Project Management Unit, which will execute the project in Brazil and coordinate its management, reporting and promote its interinstitutional relations with other initiatives and disseminate its results. The Technical Coordination Unit will be established under the Ministry of Environment, and will be responsible for the strategic orientation and overall technical coordination of the project. Together with MRE and UNDP, MMA will form the Project Management Committee.

In the long run, the project will contribute to the sustainability of the results already achieved by Brazil. Through the lessons learned from its execution, it will be possible to expand Floresta + as a national payment program for environmental services. With the experience acquired in the Amazon region, relevant elements will be collected to adapt the project to other biomes, enabling the application of similar initiatives throughout Brazil.

Signature of the 'Payments for REDD + results for results achieved by Brazil in the Amazon biome' project