private and public funding for redd+ - forest trends
DESCRIPTION
This is one of the presentations at the 2nd day of "Technical Exchange on Jurisdictional REDD". See more at: http://www.idesam.org.br/technical-exchange-on-jurisdictional-redd-presentations/TRANSCRIPT
Forest Trends REDD+ Expenditures Tracking
Carbon Markets
Private and Public Funding for REDD+
Phil Covell [email protected]
Manaus, 15 Jun 2013
Forest Trends REDD+ Expenditures Tracking Forest Trends Forest Carbon & REDD+ Finance
Forest and Voluntary Market Data
Forest Trends REDD+ Expenditures Tracking Forest Trends Forest Carbon & REDD+ Finance
Forest Carbon Market Volumes
8/6/2013
2012
First REDD methodology approved
Forest Trends REDD+ Expenditures Tracking Forest Trends Forest Carbon & REDD+ Finance
CDM, Voluntary, and Forest Carbon
Price Trends (US$)
0
2
4
6
8
10
12
2009 2010 2011 2012
CERs
VERs (avg)
Forest Carbon
8/6/2013
Forest Trends REDD+ Expenditures Tracking Forest Trends Forest Carbon & REDD+ Finance
Voluntary Market Projections (2013)
8/6/2013
Forest Trends REDD+ Expenditures Tracking Forest Trends Forest Carbon & REDD+ Finance
REDDX
http://reddx.forest-trends.org/
Forest Trends REDD+ Expenditures Tracking Forest Trends Forest Carbon & REDD+ Finance
Project risk mitigation
REDDX initiative countries
Forest Trends REDD+ Expenditures Tracking Forest Trends Forest Carbon & REDD+ Finance
Brazil- detailed flows of finance
Forest Trends REDD+ Expenditures Tracking Forest Trends Forest Carbon & REDD+ Finance
Market Value Comparison
Forest Carbon Market (2011): 26Mt
$237M
Commitments (BR, EC, VN, GH ~2009-2011): $652M $217M/year avg. 25% of world commitments(?)
Disbursements (same period): $189M. $63M/yr avg(?) 4x for world(?)
Official / donor REDD+
$250M
$870M $1,500MM
Supply: Amazon ERs, 2006-2012: 590Mt/yr avg (20x Vol Forest C market), sell half @$5/t Global Investments in
Watershed Services (2011): $8,500M