Tag Archives: Redd Nigeria

UN-REDD Programme Approves US$4 million in Critical Funding for REDD+ in Nigeria

22 Oct

At the Programme’s recent Policy Board meeting, UN-REDD partner countries share valuable lessons learned in implementing their National REDD+ Programmes.

 

[BERLIN, GERMANY, 17 October, 2011] During its seventh Policy Board meeting 13-14 October 2011, the UN-REDD Programme approved US$4 million in funding for Nigeria‘s National Programme for Reducing Emissions from Deforestation and forest Degradation (REDD+), bringing the total amount of approved funding for UN-REDD National Programmes to US$59.3 million.

These critical funds support the capacity of national governments to prepare and implement REDD+ strategies with the active involvement of local stakeholders, including Indigenous Peoples and other forest-dependent communities. The ultimate goal of these country-led REDD+ efforts is to contribute to the global fight against climate change. With this most recent funding allocation to Nigeria, the UN-REDD Programme is now providing direct support to 14 countries while also working with 21 other partner countries across Africa, Asia-Pacific and Latin America and the Caribbean (see full list of all 35 partner countries and more details  by clicking below).

http://www.un-redd.org/PB7_Press_Release/tabid/7006/Default.aspx

Deal's sealed. Nigeria's National Coordinator for REDD+, Salisu Dahiru (left) and Policy Board co-chair Alexander Müller shake hands.

 

REDD involves some kind of incentive for changing the way forest resources are used. As such, it offers a new way of curbing CO2 emissions through paying for actions that prevent forest loss or degradation. These transfer mechanisms can include carbon trading, or paying for forest management.

There are so many questions concerning REDD. Like how the REDD mechanism  will link to existing national development strategies, how  forest communities and indigenous peoples can participate in the design, monitoring and evaluation of national REDD programmes, how  REDD will be funded, how countries will ensure that benefits are distributed equitably among all those who manage the forests and finally, how  the amount of carbon stored and sequestrated as a result of REDD be monitored.

Questions that might  be answered at United Nations Climate Change Conference in Durban, South Africa, COP17/CMP7 in Nov/Dec 2011.