Project

(REDD+) Priming Financial and Land Use Planning Instruments to Reduce Emissions from Deforestation

Lead country

Ecuador

Participating countries

Ecuador

Project status

Under implementation

Implementing period

From May 23, 2017 to November 22, 2022

SDGs addressed by this project

SDG targets

  1. 13.2 Integrate climate change into national policies, planning
  2. 15.2 Promote sustainable forest management, restoration, afforestation
  3. 15.b Mobilize resources, incentives for sustainable forest management

Project ID: 5768

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Technical team

  • Climate and Forests Programme

Technical area(s)

  • Climate Financing for REDD/REDD+
  • Carbon conservation

Landscape(s)

  • Forests

Transformed sector(s)

  • Forestry and other land use

UNDP role(s)

  • Capacity development / Technical assistance
  • Convening / Partnerships / Knowledge Sharing
  • Policy advice

Strategy

  • Law regulation
  • Finance economy
  • Management operation

Sub-strategy

  • Laws/ Policy/ Plan formulation
  • Institutional framework
  • Nature finance
  • Sustainable land management

Social inclusion

N/A

Gender equality

N/A

Gender result effectiveness scale

N/A

Pathway(s)

  • Systems pathway

Risk reduction target(s)

  • Improve resilience
  • Hazard control/mitigation

SDG target(s)

  • 13.2 Integrate climate change into national policies, planning
  • 15.2 Promote sustainable forest management, restoration, afforestation
  • 15.b Mobilize resources, incentives for sustainable forest management

Conventions and protocols

N/A

Private sector(s)

N/A

Hot topic

  • Nature-based solution

About this project

Description

This project will implement the priority policies and measures identified in Ecuador's REDD+ Action Plan . This REDD+AP will contribute to reduce emissions from the land use, land use change and forestry (LULUCF) sector, which represents 30% of GHG emissions of the country . More specifically, it will contribute to achieve the objectives of the government which are: 1) a reduction in gross emissions by at least 20 % by 2025 compared to Forest Reference Emission Levels (FREL) 2000-2008; 2) reforestation of 210,000 hectares of cleared land; 3) maintain climate regulation services (carbon) and others such as water regulation and associated biodiversity. Through the present project, the GCF provides approximately 26% of the budget requested for the implementation of the REDD+AP from 2016 to 2025.

Objectives

Paradigm-shift Objective: The project will engender a shift to a low-emission sustainable development pathway by addressing one of the main emission sources of greenhouse gas emissions in Ecuador – that from deforestation and forest degradation. The project will develop a set of financial and market instruments for sustainable use of land through supply chain initiatives, domestic policies and finance. These measures are priorities outlined in the National REDD+ AP for 2016-2020. .

USD $41,172,739

Grant amount

USD $42,835,908

Leveraged amount (co-financing)

1

Source(s) of fund

Sources of fund

 

  • Green Climate Fund Common ($41,172,739)

Implementing partner(s)

  • Ministry of Environment

Project metrics

Related resources

Geospatial information

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Project reports and documentation