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Meridian Institute

Readiness Fund of the Forest Carbon Partnership Facility

External Project Site: www.forestcarbonpartnership.org/fcp/node/39
Related: Climate Change, Environment and Natural Resources

The Forest Carbon Partnership Facility (FCPF) is designed to set the stage for a large-scale system of incentives for Reducing Emissions from Deforestation and forest Degradation (REDD+), providing a fresh source of financing for the sustainable use of forest resources and biodiversity conservation for more than 1.2 billion people who depend to varying degrees on forests for their livelihoods. It builds the capacity of developing countries in tropical and subtropical regions to reduce emissions from deforestation and forest degradation and to tap into any future system of positive incentives for REDD+.


The FCPF consists of two separate funds – the Readiness Fund and the Carbon Fund. The Readiness Fund focuses on providing support to developing countries with tropical forests to help them get ready for REDD+. The Carbon Fund will provide performance-based payments to about five countries that have made significant progress in their REDD+ readiness endeavors. The World Bank serves as the trustee of both of these funds and, until recently, was the only entity that served as a delivery partner to the 37 REDD+ countries that are members of the FCPF.


In 2010 and 2011, Meridian Institute served as facilitator of the Task Force on a Common Approach to Environmental and Social Safeguards for Multiple Delivery Partners for the FCPF’s Readiness Fund. The Task Force met via a series of international teleconferences and two in-person meetings between November 2010 and June 2011. Meridian supported the Task Force in this seven-month process of deliberation, analysis, negotiation, and creative problem solving, which resulted in the development of consensus recommendations on a common approach to the application of environment and social safeguards during the readiness phase of REDD+ (now referred to simply as the Common Approach).


The Common Approach was deemed necessary by the governing body of the FCPF in order to allow for institutions other than the World Bank to serve as delivery partners under the Readiness Fund. The Common Approach breaks significant new ground in successful cooperation between several of the major multilateral institutions responsible for defining and advancing REDD+. In addition, it represents a significant achievement with regard to the active engagement of and support from civil society organizations and other key stakeholders.


Due to limited resources and time, the Task Force facilitation team had to rely on extensive use of teleconferences. Given the complex and fast-moving nature of the discussions, it was difficult for non-native English speakers to track and actively participate in the process – especially those from the REDD+ pilot countries and Indigenous Peoples organizations. Partly because of these shortcomings, the Participants Committee of the FCPF called for the collection of lessons learned regarding both the development and implementation of the Common Approach. In September 2011, Meridian Institute was asked to gather and synthesize these lessons learned; we are doing this work under contract with the World Bank.


Under a separate contract with the World Bank, Meridian is also now assisting the Bank’s Facility Management Team to consider the submissions from the Food and Agriculture Organization (FAO) and the Asian Development Bank, which had both indicated their desire to serve as delivery partners after the pilot program was completed. This stream of work led to the successful approval of the FAO as a delivery partner, along with other changes to the piloting arrangement, at the tenth meeting of the Participants Committee in Berlin, Germany, held in October 2011.


As part of this contract, Meridian was also asked to facilitate the Global Consultation with Indigenous Peoples that the World Bank held in October 2011. This unprecedented event included 73 representatives of Indigenous Peoples from more than 27 countries and included a focus on building a better understanding of the Common Approach.

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