Stream E: Finance

With payment-for-performance as a key feature of REDD+, what are the options, modalities and risks when mobilizing, accounting and distributing money?

Parallel E1

Payment for performance - Key lessons and challenges for REDD+

The purpose of this session is to discuss principles and practicalities of payment-for-performance at global, national, and sub-national scales.  The session is designed to be a “working level” follow-up to the plenary session on negotiations and finance.  Key questions to be addressed include:  What should REDD+ pay for, to whom and how? What are the performance criteria? What are key lessons for design of performance-based mechanisms that emerge from early REDD+ experience and experience in other sectors? 

When?

Day 2, October 30th 09:00 – 10:30

Where?

Parallel Room 1 (Scandinavia Hall)

Session moderator:

Arild Angelsen, Norwegian University of Life Sciences (UMB)

Spealers: 

Berta Pesti, UN-REDD programme/UNDP
André Rodrigues de Aquino, World Bank
William D. Savedoff, Center for Global Development (CGD)
Dr. Karl-Heinz Stecher, KfW Development Bank, Germany
José Carlos Fernandez-Ugalde, Mario Molina

Background material:

Accelerating a Performance-Based Payment System for REDD+. Michele de Nevers (William D. Savedoff, CGD)
Forest Clearing in the Pantropics: December 2005–August 2011. David Wheeler et al., 2011 (William D. Savedoff, CGD)
Economic Dynamics and Forest Clearing: A Spatial Econometric Analysis for Indonesia. David Wheeler et al. 2011 (William D. Savedoff, CGD)
Incentive Proliferation? Making Sense of a New Wave of Development Programs  (William D. Savedoff, CGD)
Payment for performance - William Savedoff (ppt) (William D. Savedoff, CGD)

 

Parallel E2

How should deforestation-related risk be managed in financial decision-making? 

This session will explore the current practice and potential future roles to be played by the public and private financial sectors in influencing the REDD+ agenda, and in particular, now financiers are incorporating risk associated with deforestation. These include material risks, such as the risk of business disruption due to conflict, and reputational risks due to illegality and social and environmental impacts. Key questions would include: How are financiers of forest-related economic activity currently assessing deforestation-related risk? What information do investors need to accurately assess risk?  How can financiers exercise positive influence over corporate practices and government policies?

When?

Day 2, October 30th 11:00 – 12:30

Where?

Parallel Room 1 (Scandinavia Hall)

Session moderator:

Amar Inamdar, World Bank 

Speakers:

Hilde Jervan, Council on Ethics for the Norwegian Government Pension Fund
Eric Wakker, AidEnvironment Asia
Gabriel Visconti, Brazilian National Development Bank (BNDES)
Ruth Nussbaum, Proforest

 

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