Undersecretary of Climate Change Ministry of Environment of Ecuador Latin American Carbon Forum September 4, 2014

REDD+ activities should be fully MRVed to obtain and receive results-base finance (RBF) GCF in a key role to channel adequate and predicable RBF (Decision 9/CP.19) Establishment of an Info Hub for results based activities and corresponding payments (Decision 9/CP.19) Parties may nominate their entities to obtain and receive results-based payments (…consistent with operational modalities of financial entities) (Decision 10/CP.19)

Non- market approach Donor National REDD+ strategy / action plan Market approach *, ** Buyer Projects / Jurisdiction al level *REDD+ finance on a market based approach not yet agreed under the UNFCCC **emission reduction credits are issued and transfered *REDD+ finance on a market based approach not yet agreed under the UNFCCC **emission reduction credits are issued and transfered Results- based finance

National REDD+ Programme Results based activities national level Results based activities national level REDD+ FUND REDD+ FUND Multilateral Bilateral GCF Voluntary Market (?) Multilateral Bilateral GCF Voluntary Market (?) Results- based finance Landscape approach for a integral mgmt of forests At policy level: Land tenure Forest control Land use and forest governances policies At policy level: Land tenure Forest control Land use and forest governances policies At local level: Grants for projects Incentives Technology transfer Access to credits At local level: Grants for projects Incentives Technology transfer Access to credits National forest monitoring / Forest reference emissions level National forest monitoring / Forest reference emissions level

Requirements Measurement Compensation Certification Benefits Certificación: MAE acompaña todo el proceso desde Requisitos, Control hasta Entrega de Sello

GHG Protocol Guidelines and tools for the measurement of GHG emissions. PAS 2050 / 2060 Tools for the measurement of carbon footprint and of the compensation of non reducible emissions. ISO /2/3 Quantification, design of reduction proyects, velidation and verification. Fuente: GHG Protocol

Possibilities for results based payments? Raw material usage Renewable energy Energy efficiency technology

Reforestation of priority areas and preservation of primary forests. Carbon capture and disposal Other emission compensation measures

Carbono Neutro Buildings ServicesProducts This national recognition will be granted once the proponent has succesfully completed the green house gas measurement, reduction and compensation procedure. It will recognize activities in buildings, products and services.

Fiscal Tariff related Coorporative Image Technology transfer

Objective: Calculation of baseline Aplicability: Calculation of baseline Description: The program will grant economic incentives (subsidies) for the implementation of pilot projects that may serve as an example for the sector as a whole. The incentive will be delivered expost on the basis of the amount of carbon bioxide that the proyect avoids ($/tCO2e). The amount of the incentive depends on the type of technology implemented. The objective is to avoid 500,000 tCO2 until december 31st The number of proyects that will receive the incentives depends on their mitigation potential. Programa para la Gestión Integral de Desechos Sólidos (PNGIDS)

Mechanism design and development of capabilities for implementation (technical assistance) Economic Incentives for the implementation of pilot projects(€ 4 MM). Financingand re- financing opportunities by CAF / KfW Elaboration of additional studies Design of an MRV mechanism Emissions monitoring and verification(5 years) Subsidies to a number of projects until emission reduction objective is reached (0,5 MtCO2e).

GRACIAS REDD+ Specialist Carbon Neutral Specialist CDM DNA Coordinator NAMA Specialist National Director of Climate Change Mitigation