Background: ECOSYSTEM MARKETPLACE: A global source for news, data and analytics around environmental markets and payments for ecosystem services.
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Background: As 2015 progresses, Parties to the United Nations Framework Convention on Climate Change (UNFCCC) are busy preparing “Intended Nationally Determined Contributions” (INDCs). These must be available for review prior to the Conference of the Parties in Paris in December. As of March 31st, 34 countries had released INDCs. They offer a range of target levels, dates and focus areas.
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IETA Standing Committee on Finance (SCF) Submission on Forest Finance Working Paper
Overview: On 30 January, IETA submitted comments in response to the UNFCCC's Standing Committee on Finance (SCF) call for input on financing for forests. IETA's final submission is available here. To learn more about IETA's SCF engagement in 2015, contact me or Sophy Greenhalgh (email@example.com).
Context: At SCF's 8th Meeting on 1-3 October 2014, the Committee considered a revised background paper on forestry finance and chose to expand the background paper into a working paper - a piece that would inform SCF’s forestry finance work in 2015+ and the design of SCF's Forum on "Financing for Forests" in 2015. As such, SCF agreed to invite its members and interested observers to provide relevant information/case studies to inform the working paper on coherence and coordination for financing for forests. IETA's 30 January submission attempts to shed light, from a private sector/REDD+ perspective, on: a) experiences with use of resources/the transfer of payments for results-based approaches; and b) experiences with the provision of financial resources for alternative approaches.