The Forest Carbon Partnership Facility (FCPF) is a World Bank multi-donor fund of governments and non-governmental entities, including private companies, and consists of two separate but complementary funding mechanisms, namely a Readiness Fund and a Carbon Fund. The FCPF was created to assist developing countries to reduce emissions from deforestation and forest degradation, enhance and conserve forest carbon stocks, and sustainably manage forests (REDD+). Launched in 2008, the FCPF works with 47 developing countries across the world and 17 donors.
|Name of the Fund||Forest Carbon Partnership Facility (FCPF)|
|Official Fund Website||www.forestcarbonpartnership.org|
|Proposed Life of Fund||Both the Readiness Fund and the Carbon Fund of the FCPF are established for operation through 2025.|
|Objectives||The FCPF aims to:
|Financial inputs and fund size||In total the FCPF amounts to USD 1.3 billion:
FCPF is supported by government and non-governmental entities, including private companies (required to make a minimum contribution of USD 5 million) and NGOs.
Readiness Fund Contributors:
Carbon Fund Contributors:
All financial inputs can be attributed as official development assistance (ODA).
|Activities Supported||Activities supported by the FCPF:
|Secretariat or Administrative Unit||The World Bank provides secretariat services through a Facility Management Team. The team has three core functions:
|Trustee||The World Bank is the permanent trustee.|
Fund Finance and Access Modalities
|Conditions and Eligibility Requirements||Only developing countries that are members of the World Bank can participate in the FCPF. Eligibility for accessing the FCPF is not restricted to ODA countries. Currently, the FCPF has 47 country participants.
Conditions for participation in the Readiness Fund
Conditions for participation in the Carbon Fund
|Accessing the Fund||
|Safeguards, Gender and Indigenous Peoples||
|Decision Making Structure||The FCPF is characterised by a governance structure that gives equal weight to developing and industrialised countries. The Participants Committee and the Participants Assembly are at the core of FCPF Governance. These governing bodies comprise representative from 47 developing countries (18 in Africa, 18 in Latin America and the Caribbean, and 11 in Asia-Pacific), 17 donor participants, and active observers from northern and southern Indigenous Peoples, civil society and women’s organisations, as well as several international delivery partners.
The FCPF governance structure consists of a:
The Carbon Fund Participants Committee
Facility Management Team
Ad Hoc Technical Advisory Panels
|Accountability Mechanisms||Progress on the implementation of FCPF programmes is monitored through the Readiness Fund Dashboard and the Carbon Fund Dashboard which are regularly updated and provide a detailed overview of the status of implementation and commentary on implementation issues.
In May 2019, the FCPF adopted an updated programme-level Monitoring and Evaluation Framework. This framework includes:
The Readiness Preparation Proposal (R-PP) template includes a section for monitoring and evaluating the implementation of the R-PPs at the country level, which requires countries to design a monitoring and evaluation framework. The template advises that locally-based M&E can feed into M&E at the national level. ‘The M&E framework would monitor each component of the R-PP, such as organisation and consultations, preparation of REDD+ strategy, development of a national reference scenario, design of systems for national forest monitoring and information on safeguards, and schedules and budgets’. However, the World Bank’s Independent Evaluation Group 2012 review suggests that ‘the R-PPs do not appear to allocate adequate resources for M&E’.
The second independent evaluation was led by Indufor Team in 2016. The main findings on relevance are:
In addition, affected communities can file complaints to the World Bank Inspection Panel when they feel that FCPF programmes cause harm to people or the environment.
|Participation of Observers and Stakeholders||Forest dwelling and Indigenous Peoples were not consulted prior to the launch of the FCPF in 2007. However, the World Bank responded to criticisms of this consultation failure by organising a series of three regional consultations with representatives of forest dwellers and Indigenous People in Kathmandu, Bujumbura and La Paz. As a result of these consultations, it was decided that representatives of Indigenous Peoples would be included on each of the FCPF Technical Advisory Panels and that they are fully consulted in the formulation of national REDD+ strategies.
Stakeholders participate in FCPF’s core decision-making process via the Participants Committee and the Participants Assembly where they are invited as observers. For the Participants Assembly, representatives of relevant International Organisations, relevant Non-governmental Organisations, Forest-Dependent Indigenous Peoples and Forest Dwellers and relevant private sector entities, may be invited by the Facility Management Team to attend Annual Participant Assembly Meetings as observers.
In the Participants Committee, one representative each from relevant International Organisations, Non-governmental Organisations, Forest-Dependent Indigenous Peoples and Forest Dwellers, private sector entities, the UN-REDD Programme and UNFCCC Secretariat, is invited to attend the meetings of the Participants Committee as observers. These representatives do not have voting rights, but may express their views on issues under discussion.
The full list of official observers can be found at: https://www.forestcarbonpartnership.org/official-observers
|Transparency and Information Disclosure||The Readiness Fund and each of the tranches of the Carbon Fund have separate records and ledger accounts. The Fund Trustees provide the Participants with all financial information relating to receipts, disbursements and fund balance via the World Bank’s Trust Funds Donor Centre secure website. Disbursement information is also made available in the FCPF Annual Report and on the FCPF website.
In-depth details about individual funded projects are publicly available at: https://www.forestcarbonpartnership.org/countries
Prior to each Annual Meeting of the Participants Assembly, the Facility Management Team provides annual progress reports to Participants regarding the activities of the Facility for the previous Fiscal Year.
They stipulate for the Facility Management Team to make numerous documents available to the Participants and to the public, including:
|Other Issues Raised||FCPF Progress
An external evaluation of the FCPF in 2011 confirmed that the FCPF has made significant progress, specifically in building in-country capacity and disseminating lessons learned. However, the report was critical of the pace of financial commitments and disbursements from the Readiness Fund, the inflexibility of rates to adjust to country needs, the lack of in-country procurement capacity and the limited country level involvement of World Bank staff.
Non-government Stakeholder Consultation and Participation
Human Rights, Indigenous Rights and Traditional/Customary Rights
FCPF’s Safeguard Approach