Safeguarding REDD+ Finance: Ensuring transparent and accountable international financial flows
February, 2012. Global Witness. Global Witness Limited. 26 pages. ISBN 978-0-9570101-3-0
Funding forest protection in developing countries poses numerous financial risks: from inefficient allocation through to mismanagement of funds, misappropriation and corruption.
Financial flows from donors to developing countries under the REDD+ forest protection mechanism will need to increase significantly over the coming years if greenhouse gas emissions from forest loss are to be reduced. Detailed measures will be needed to ensure effective, transparent and accountable financial flows.
This report set out best practice lessons for future REDD+ finance, drawn from a review of existing international multilateral mechanisms that channel funding from donors to developing countries.
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Keywords: Other Publications, r. Financing & Distribution/ Markets, bilateral, donor, FCPF, financing, FIP, fund, funding, multilateral, REDD, Safeguards, UN REDD