Introduction To REDD+ Dr Sean Weaver, Principal, Carbon Partnership Regional Media Pre-Summit Workshop On REDD+ Lagoon Resort, Deuba, Fiji, March 2012

REDD+

Introduction To REDD+ What is ? What’s new about REDD+ ? How can I find out more ? What’s the big deal ?

Reducing Emissions from Deforestation and Degradation Introduction To REDD+ What is ?

Reducing Emissions from Deforestation and Degradation

CO 2 Carbon Removals Carbon StoredCarbon Emissions Sugar Oxygen C Wood CO 2

Reducing Emissions from Deforestation and Degradation CO 2 “Tap” “Drain” Carbon Removals Carbon StoredCarbon Emissions Forest Carbon

Reducing Emissions from Deforestation and Degradation CO 2 “Drain” “Tap” Carbon Removals Carbon StoredCarbon Emissions Forest Carbon

Reducing Emissions from Deforestation and Degradation CO 2 “Drain” CO 2 “Tap” Carbon Removals Carbon StoredCarbon Emissions Forest Carbon

Reducing Emissions from Deforestation and Degradation CO 2 “Drain” “Tap” Carbon Removals Carbon StoredCarbon Emissions Forest Carbon

Reducing Emissions from Deforestation and Degradation CO 2 “Drain” “Tap” Carbon Removals Carbon StoredCarbon Emissions Forest Carbon

Reducing Emissions from Deforestation and Degradation CO 2 “Drain” “Tap” Carbon Removals Carbon StoredCarbon Emissions Forest Carbon

Reducing Emissions from Deforestation and Degradation

Time Forest Land UseNon-Forest Land Use What is ? Reduction in carbon stocks

Reducing Emissions from Deforestation and Degradation

Time Forest Land Use What is ? Reduction in carbon stocks

Reducing Emissions from Deforestation and Degradation

Introduction To REDD+ What is ? 1.Enhancing Forest Carbon Stocks 2.Sustainable Management of Forests 3.Forest Conservation 4.New Forests

Introduction To REDD+ What is ? What’s new about REDD+ ? How can I find out more ? What’s the big deal ?

CroplandForest

Temp CO 2 ppm Age 100,000 years b.p. Climate and atmospheric history of past 400,000 years from the Vostok ice core, Antarctica 400 Current CO 2 concentration 500 CO 2 concentration at 2100 (lower end projections)

Temp CO 2 ppm Age 100,000 years b.p. Climate and atmospheric history of past 400,000 years from the Vostok ice core, Antarctica 400 Current CO 2 concentration 500 CO 2 concentration at 2100 (lower end projections)

Temp CO 2 ppm Age 100,000 years b.p. 400 Current CO 2 concentration 500 CO 2 concentration at 2100 (lower end projections)

Temp CO 2 ppm Age 100,000 years b.p. 400 Current CO 2 concentration 500 CO 2 concentration at 2100 (lower end projections) CO 2 concentration at 2100 (upper end projections) Global Warming Safe level for CO2 350ppm

Impacts Sea level rise Cyclone intensity Flooding Drought Ocean acidification Biodiversity decline International economy Population growth World oil prices Food security Cross cutting issues: Safe level for CO2 350ppm Global Warming

= Quite Big Problem Global Warming Solution?= Reduce Emissions Sources? = Approx 80% Fossil Fuels Approx 20% Forests Kyoto Protocol UNFCCC REDD Agreement (still under negotiation) (and other instruments already available)

Introduction To REDD+ What is ? What’s new about REDD+ ? How can I find out more ? What’s the big deal ? UNFCCC REDD Agreement (still under negotiation) (and other instruments already available)

What’s new about REDD+ ?

New form of forest finance Payment for Ecosystem Services What’s new about REDD+ ?

New form of forest finance Payment for Ecosystem Services Performance-based payments for the delivery of forest carbon benefits that are: 1.Measurable 2.Verifiable 3.Additional 4.Permanent

1.Measurable 2.Verifiable 3.Additional 4.Permanent Measurement Reporting & Verification System (MRV)

1.Measurable 2.Verifiable 3.Additional 4.Permanent Measurement Reporting & Verification System (MRV) Additionality Test (would not have happened without carbon finance)

1.Measurable 2.Verifiable 3.Additional 4.Permanent Measurement Reporting & Verification System (MRV) Additionality Test (would not have happened without carbon finance) Instrument for Delivery of Incentive Payments Legal & Socio-Economic Measures to Fix Causes of Deforestation/Degradation

Instrument for Delivery of Incentive Payments Income From This

Wood/agriculture commodities sold in a market Carbon credit commodities sold in a market + grant finance opportunities If income from these activities is similar, then forest protection can compete commercially with deforestation What does REDD look like ? Jobs Economic development Community well-being Benefits from living forests

Introduction To REDD+ What is ? What’s new about REDD+ ? How can I find out more ? What’s the big deal ?

SPC Website SPC Staff GIZ Staff Department of Forestry Staff NGOs (CI, Live & Learn, WWF, Greenpeace) UNFCCC REDD Web Platform UN REDD Programme World Bank Forest Carbon Partnership Facility REDD+ Partnership How can I find out more ?

SPC Website

How can I find out more ?

Introduction To REDD+ What is ? What’s new about REDD+ ? How can I find out more ? What’s the big deal ?

Introduction To REDD+

Dr Sean Weaver, Principal, Carbon Partnership Regional Media Pre-Summit Workshop On REDD+ Lagoon Resort, Deuba, Fiji, March 2012