Progress report on support for REDD-plus

The GCF Secretariat is developing a request for proposals (RFP) for REDD+ results-based payments (RBPs) and guidance for early-phase engagement. Drawing on a COP 22 dialogue and existing frameworks like the Warsaw Framework for REDD+, the Secretariat is analyzing key operational elements including the scale of intervention, access modalities, carbon pricing, and the reconciliation of Cancun safeguards with GCF environmental and social safeguards. The report outlines a process for gathering further technical and stakeholder input to finalize these instruments.

• The GCF intends for the scale of implementation for REDD+ results-based payments (RBP) to be national, though it will allow for subnational implementation as an 'interim measure' provided a national forest monitoring system is in place.
• There is a challenge regarding access modalities because none of the countries currently positioned to access REDD+ RBP through the RFP have a direct access entity accredited to the GCF, necessitating potential guidance on using accredited entities in coordination with national focal points.
• The GCF is analyzing financial valuation options for carbon, noting that existing REDD+ financing organizations currently use a rate of USD 5 per tonne of carbon dioxide equivalent (t CO2 eq).
• The report identifies a need to reconcile the seven Cancun REDD+ safeguards, which countries must respect to be eligible for RBP, with the GCF's own interim environmental and social safeguards (ESS) based on International Finance Corporation standards.
• To prevent double financing, the GCF Board may require full disclosure of funding sources in recipient countries, utilizing the UNFCCC REDD+ Information Hub and analyzing the relationship between ex-ante finance and ex-post RBPs.
• The GCF is reviewing the funding landscape for RBPs, noting significant existing allocations from other initiatives: the REM programme provides USD 56.5 million, the FCPF Carbon Fund has allocated USD 465 million, and NICFI has announced at least USD 2.7 billion.

APA

Green Climate Fund (2016). Progress report on support for REDD-plus. https://www.greenclimate.fund/sites/default/files/document/gcf-b15-inf07.pdf

Chicago

Green Climate Fund. Progress report on support for REDD-plus. 2016. https://www.greenclimate.fund/sites/default/files/document/gcf-b15-inf07.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Progress report on support for REDD-plus |date=8 December 2016 |url=https://www.greenclimate.fund/sites/default/files/document/gcf-b15-inf07.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2016progress, author = {{Green Climate Fund}}, title = {{Progress report on support for REDD-plus}}, institution = {Green Climate Fund}, year = {2016}, month = dec, url = {https://www.greenclimate.fund/sites/default/files/document/gcf-b15-inf07.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }