Lead country
Ecuador
Participating countries
Ecuador
Project status
Under implementation
Implementing period
From May 23, 2017 to November 22, 2022
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