Incentivizing the Involvement of the Private Sector in REDD+: A review of early experiences and lessons learned in the Forest Investment Program

Organisation:
Climate Investment Funds (CIF)
Incentivizing the Involvement of the Private Sector in REDD+

The Forest Investment Program (FIP) is one of three strategic programs of the Climate Investment Funds (CIF). FIP provides developing countries with scaled-up financing to plan and implement readiness reforms and public and private investments, identified through national REDD+ readiness or equivalent strategies, while taking into account opportunities to help adapt to the impacts of climate change on forest ecosystems and to contribute to multiple benefits such as biodiversity conservation, protection of the rights of indigenous peoples groups and local communities, poverty reduction and rural livelihood enhancements. 

The learning note "Incentivizing the Involvement of the Private Sector in REDD+: A Review of Early Experiences and Lessons Learned in the Forest Investment Program" offers policy makers and development partners a more detailed description of the private sector, the opportunities and constraints private investors face when considering REDD+ involvement, and how the FIP’s engagement and incentive models work to increase their participation in the planning, financing, and implementation of REDD+ investments. The review also shares the perspective of different stakeholder groups towards private sector involvement in the FIP.

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