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By:  Patricia Toquica, Regional Knowledge Management Specialist, UN-REDD Programme LAC.

With the aim of facilitating a space for discussion on the engagement of LAC countries in different REDD+ results-based payments (RBP) schemes, the UN-REDD Programme organized a South-South exchange on this topic under the lead of Mexico in Panama City on 29-30 March 2016.

The event had the participation of 17 delegates (11 women and 6 men) from the Latin American countries involved in bilateral or multi-lateral REDD+ RBP-like agreements including Brazil, Colombia, Costa Rica, Chile, Ecuador, Mexico and Peru.

During the exchange, countries discussed various result-based payments schemes and analysed the similarities and differences in the requirements and implications among the different financial sources.

Some of the main points highlighted by the countries during the initial sections include: 1) the need to differentiate REDD+ RBPs from finance for investments, which could be associated with the readiness phase; 2) the need to better assess the costs and length of the REDD+ readiness processes, and 3) the need to differentiate the legal nature of emission reductions used in different REDD+ financing schemes vis-à-vis what has been agreed under the UNFCCC.

Countries then shared their experiences in participating in different bilateral or multi-lateral REDD+ RBP schemes, where the main points raised were:  1) the fact that the negotiating processes have been faster than the multilateral pilot RBPs schemes; noting though, that implementation is proven not to be necessarily faster; 2) the fact that most agreements in LAC have happened after important definitions on REDD+ have been done at the UNFCCC, implying a positive effect on the negotiation process in some countries and timely implementation in others, and 3) the need to create platforms for South-South cooperation among REDD+ countries to find solutions to the common challenges faced.

Based on this analysis and the experiences shared, countries also assessed opportunities for coordination and effectiveness in providing inputs to the Green Climate Fund (GCF), in the context of operationalizing the RBPs window. Countries agreed that the following seven topics are the most relevant to further discuss and to present views on to the GCF:  eligibility criteria, funding allocation, value of the RBPs payments, operationalization package (RWF check-list), means of transferring payments to the country, reporting and double accounting – although there was no consensus on the last two point as being relevant topics in the context of operationalizing RBPs under the GCF.

As a result of this exchange, participating countries are now better positioned to make informed decisions towards engaging in RBPs-like schemes, improve coordination and effectiveness of RBPs financing schemes from different sources, and develop inputs to be provided to the GCF for the operationalization of RBPs.

As next steps, the group of LAC countries will be reinforcing South-South cooperation by working together on identifying potential topics for further analysis or discussions on-line, in the context of streamlining different financial sources for REDD+, as well as analyzing options to address key issues for operationalizing the “forests and land use” window under the GCF. 

The report of the event is available in English and Spanish.  

For additional information on this initiative, please contact Marco Chiu, (This email address is being protected from spambots. You need JavaScript enabled to view it.) UN-REDD Programme Regional Technical Advisor LAC, UNDP. 

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