Preparation of strategic frameworks and climate finance to reduce deforestation and forest degradation and guide the investment of the GCF in Panama

The proposal seeks USD 800,000 over 24 months to enable Panama to access GCF climate finance for the forestry sector. It focuses on completing the four pillars of the Warsaw Framework for REDD+, updating Forest Reference Emission Levels (FREL), and finalizing the National REDD+ Strategy. Key activities include establishing a coordination mechanism for Measuring, Reporting, and Verifying (MRV) systems, developing a summary of safeguards, and creating two project concept notes for GCF funding. The project will be implemented by the FAO under the leadership of Panama's Ministry of Environment.

• Panama's Nationally Determined Contribution (NDC) targets a 10% carbon sequestration increase compared to the reference scenario in the Land Use, Land Use Change and Forestry (LULUCF) sector by 2050, with a conditional increase up to 80% if international support is received.
• The proposal identifies a critical gap in the Measuring, Reporting, and Verifying (MRV) system: the lack of a coordination mechanism with established roles and responsibilities to institutionalize the system and mobilize resources.
• Panama has established a historical average Forest Reference (emission) Level (FREL) of 27,735,675.33 t CO2 eq for the period from 2000 to 2015.
• While Panama has interpreted REDD+ safeguards, there is a lack of capacity regarding the timing and frequency of presenting information summaries to the UNFCCC and a need for gender-sensitive approaches to climate action.
• The National REDD+ Strategy (ENREDD+) requires consolidation with the National Reforestation Plan and National Strategy for Climate Change, and lacks a step-by-step process for Free, Prior and Informed Consent (FPIC) aligned with Law 37 and Law 125.
• The project aims to develop two specific concept notes to access GCF funding: one for the Forestry Sector to achieve NDC goals and another for implementing REDD+ projects on the ground.
• The proposal requests a total of USD 800,000 to be implemented over a 24-month period.

APA

Green Climate Fund (2020). Preparation of strategic frameworks and climate finance to reduce deforestation and forest degradation and guide the investment of the GCF in Panama. https://www.greenclimate.fund/sites/default/files/document/strategic-frameworks-pipeline-development-and-capacity-building-panama-fao.pdf

Chicago

Green Climate Fund. Preparation of strategic frameworks and climate finance to reduce deforestation and forest degradation and guide the investment of the GCF in Panama. 2020. https://www.greenclimate.fund/sites/default/files/document/strategic-frameworks-pipeline-development-and-capacity-building-panama-fao.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Preparation of strategic frameworks and climate finance to reduce deforestation and forest degradation and guide the investment of the GCF in Panama |date=30 June 2020 |url=https://www.greenclimate.fund/sites/default/files/document/strategic-frameworks-pipeline-development-and-capacity-building-panama-fao.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2020preparation, author = {{Green Climate Fund}}, title = {{Preparation of strategic frameworks and climate finance to reduce deforestation and forest degradation and guide the investment of the GCF in Panama}}, institution = {Green Climate Fund}, year = {2020}, month = jun, url = {https://www.greenclimate.fund/sites/default/files/document/strategic-frameworks-pipeline-development-and-capacity-building-panama-fao.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }