The Funding Instrument for REDD+ in Indonesia: Making the Case for Financial Innovation

 
The Funding Instrument for REDD+ in Indonesia (FREDDI): Making the Case for Financial Innovation

The estimated financial need for implementing REDD+ until 2020 is USD10 billion. Institutions and mechanisms to mobilize and manage REDD+ finance are a key priority of Indonesia’s REDD+ programme at this stage - and this study aims to support this process through analysis and recommendations. Specifically, the study reviews the early stages of the development of the Fund for REDD+ in Indonesia (FREDDI) which was housed with the National REDD+ Agency (BP REDD+), and - to the extent to which FREDDI developed before the duties and functions of BP REDD+ were incorporated within the Ministry of Environment and Forestry - considers its ability to achieve its mandated objectives with regards to fund management and mobilization. Further, the study provides an overview of the potential role of financial innovation – such as debt and market mechanisms – in enhancing the role that a Fund for REDD+ in Indonesia could play in the scope of Indonesia’s REDD+ programme. Ultimately, the report affirms the notion that such a Fund should evolve beyond a passive disbursement mechanism to mobilize further investment from both private and public sectors

File name: UNORCID REPORT - FUNDING INSTRUMENT- AUG 2015.pdf
File Location: REDD+ resources, papers and publications / Other Sources: REDD+ resources, papers and publications / UNORCID Publications / The Funding Instrument for REDD+ in Indonesia: Making the Case for Financial Innovation
File Size: 10.29 Megabytes
File Type: pdf (application/pdf)
Publish Date: Thursday, 06 August 2015
Upload Date: Thursday, 06 August 2015
Modified Date: Wednesday, 23 September 2015
Author: UNORCID
Owner: Zeva Aulia Sudana
Downloads: 184 Downloads