Reward results by countries and jurisdictions

The report evaluates the implementation of results-based forest finance, noting that while billions have been committed through REDD+ and international development finance, significant barriers remain. It highlights the growth of voluntary and compliance carbon markets and the emergence of public-private initiatives like the LEAF Coalition, while emphasizing that insufficient funding and high technical requirements hinder many countries from moving beyond the readiness phase to receiving actual payments.

• Since 2010, approximately USD 24.5 billion, averaging USD 2.4 billion annually, has been provided from international and domestic public sources for forest mitigation. This includes USD 7.7 billion from international development finance and over USD 6.7 billion from multilateral climate funds and bilateral donors via REDD+, with USD 4.6 billion of the latter specifically for results-based payments.
• Progress in results-based finance accelerated in 2021, with 10 Emission Reduction Payment Agreements signed and the first accredited verification of jurisdictional REDD+ emission reductions resulting in a USD 6.4 million disbursement to Mozambique.
• Private sector engagement is increasing, with 23% of companies having zero or net-zero deforestation commitments for linked forest risk commodities in 2021, up from 4% in 2015. Additionally, the LEAF Coalition announced the mobilization of USD 1 billion in 2021 to support emission reductions in tropical forest countries.
• Carbon markets are significant financiers of forest emission reductions, with 13 jurisdictional compliance programs worldwide allowing forest-based offsets as of 2021, alongside rapid growth in voluntary carbon markets.
• Access to results-based finance is obstructed by insufficient funding for all REDD+ phases, high technical and administrative requirements for verification, and a lack of confidence in financial rewards compared to alternative land uses like mining or logging.

APA

Forest Declaration Assessment (2022). Reward results by countries and jurisdictions. https://forestdeclaration.org/wp-content/uploads/2022/02/Forest-rewards-Progress-since-2014.pdf

Chicago

Forest Declaration Assessment. Reward results by countries and jurisdictions. 2022. https://forestdeclaration.org/wp-content/uploads/2022/02/Forest-rewards-Progress-since-2014.pdf.

Wikipedia

{{cite report |author=Forest Declaration Assessment |title=Reward results by countries and jurisdictions |date=February 2022 |url=https://forestdeclaration.org/wp-content/uploads/2022/02/Forest-rewards-Progress-since-2014.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{forestdeclarationassessment2022reward, author = {{Forest Declaration Assessment}}, title = {{Reward results by countries and jurisdictions}}, institution = {Forest Declaration Assessment}, year = {2022}, month = feb, url = {https://forestdeclaration.org/wp-content/uploads/2022/02/Forest-rewards-Progress-since-2014.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }