Results based payments and REDD+ safeguards: Challenges for demonstrating and verifying the social and environmental integrity of Verified Emission Reductions at jurisdictional scale

Daniela Rey Christen

• Start  Friday 04 Nov 2022 4:15pm
• Finish    Friday 04 Nov 2022 5:30pm
• Watch seminar recording (external site)

Billions of dollars of results-based financing for reducing emissions from deforestation and degradation (REDD+) at jurisdictional and project scales are expected to be delivered over the next 5 years through voluntary carbon markets or results-based payments (RBP) schemes such as the World Bank’s Forest Carbon Partnership Facility (FCPF) Carbon Fund ($700m committed to 15 countries), the Green Climate Fund’s (GCF) REDD+ Results-based Payments Pilot Programme ($500m already transferred to GCF Accredited Entities for 8 countries), and Lowering Emissions by Accelerating Forest finance (LEAF) Coalition ($1bn pledged, 5 signed Letters of Intent, and 30 applicants to date).

However, jurisdictions face challenges on multiple fronts in order to access market and non-market results-based finance for REDD+. One key challenge is being to demonstrate conformance with REDD safeguard requirements. For over a decade we have worked to identify and address the challenges faced by jurisdictions in conforming with REDD safeguards and also with standard bodies, funds and donors on the challenges of verifying conformance.

Speaker biography:
Daniela is the founder and director of CLP. She serves as an advisor to numerous governments, climate funds, private companies and foundations on climate change law, policymaking and implementation. She is also a renowned international expert on environmental social and governance (ESG) safeguards.

Since 2013 she has supported 21 national and subnational governments to meet obligations under environmental and human rights conventions, in particular, under the UN Framework on Convention on Climate Change (UNFCCC). She has led the design and adoption of environmental, climate change and overall sustainable development programmes/projects (e.g. Climate Change Acts, National Adaptation Plans, REDD-plus strategies, Climate Finance Strategies, etc.), in countries around the world, including in Small Island Developing States. At the multilateral level, Daniela has provided ground-breaking strategic policy analysis and design support to multilateral funds and organizations in the context of enhanced climate action to meet the objectives of the Paris Agreement and in acknowledgement of the complex climate financing landscape.

Prior to CLP, Daniela has held a variety of roles in UN system, CSOs, and law firms. She holds an MSc in Environmental Change and Management from the University of Oxford.

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