Reports
Report of the Informal Working Group on Interim Finance for REDD
At the invitation of HRH The Prince of Wales, world leaders met in London on April 1, 2009. On this occasion they acknowledged the great importance of tropical forests in addressing climate change, emphasised the urgency of greatly scaling up funding for this purpose, and on that basis established the The Informal Working Group on Interim Finance for Reducing Emissions from Deforestation and Degradation (REDD) which has been responsible for producing this report.
Download the report (PDF 5.1MB)
Download a summary of the report in English (PDF 286KB)
Download a summary of the report in French (PDF 255KB)
Download a summary of the report in Spanish (PDF 240KB)
An Emergency Package for Tropical Forests: The report of The Prince's Rainforests Project (published April 2009)
Through a process of broad consultation, The Prince's Rainforests Project has developed a proposal for an emergency financing package to help meet the urgent needs of Rainforest Nations. This would be an interim measure before the implementation of planned forest carbon mechanisms under the UN Framework Convention on Climate Change. It is intended that this package will assist the conservation of the world's tropical forests by helping Rainforest Nations embark on an alternative, low carbon economic development path. The package would be funded through an innovative public-private sector partnership in developed countries.
Download the report (PDF 2.3MB)
Global Forest Monitoring
On 20th to 21st October 2008 the PRP convened a technical workshop on remote sensing for forest change monitoring. Attendees ranged from representatives of rainforest nations, space agencies, governments, international organisations and NGOs to experts from universities and research centres. The meeting identified remote sensing options for forest change monitoring and unravelled some of the key issues that must be addressed to ensure accurate, operational forest monitoring systems. The meeting was funded by the Norwegian Government.
The PRP will continue working to catalyse the development of operational forest monitoring systems through awareness raising, contributing to roadmaps for forest monitoring and carrying out diplomatic activities.
Download a summary of discussions at the workshop (PDF 120KB)
Engaging the Financial Community
On 10th September we hosted a workshop involving rainforest nations, the European Union, the Department for International Development (DfiD), Norway, Germany, institutional investors, private investors, timber investment management organizations (TIMOs), investment banks, NGOs, and the World bank where we discussed what needs to happen to make rainforest into a new asset class. The essence of the challenge is that the rainforests are at the stage normally associated with venture capital type investors but generate returns similar to low risk investments such as UK or US Government bonds. A number of good ideas were brought up and discussed during the day and will now be taken forward. Download a summary of discussions from the workshop (PDF 75KB)
Reducing Emissions from Deforestation and Degradation (REDD)
The PRP convened a technical workshop on Monday 13th October attended by a mix of NGO proposal authors and country representatives. The purpose of this workshop was to understand and synthesise as much as possible the many proposals that have so far been put forward, and in doing so clarify and simplify this space for the benefit of all key stakeholders.
Download a summary of discussions at the workshop (PDF 262KB)
In addition, the PRP has also been undertaking an analysis of the proposals for REDD currently on the table, both from countries, NGOs and the scientific community. For information, we would like to share a draft of this analysis, which can be found below. Please note, though this information is correct to the best of our knowledge and interpretation, it should not be taken as a definitive statement on the proposals.
Download draft REDD analysis (PDF 2.1MB)
Download Addendum: country submissions to the UNFCCC (PDF 50KB)
This analysis was used in The Global Canopy Programme's publication The Little REDD Book: a Guide to Governmental and Non-Governmental Proposals for Reducing Emissions from Deforestation and Degradation. This publication brings insights and information on this complex area in non-technical language, and can be downloaded at www.littlereddbook.org
