MAIN ISSUES:

 

Sustainable Forest Management SFM/REDD PLUS Strategy:

Two of the SFM objectives for GEF 5 are addressed by projects in the program (SFM 1, 2). The program will achieve multiple environmental benefits from improved management of forests, in conformance with the GEF-5 strategy for SFM which aims to reduce pressures on forest resources and generate sustainable flows of forest ecosystem services and strengthen the enabling environment to reduce GHG emissions from deforestation and forest degradation and enhance carbon sinks from LULUCF activities. The two objectives that are addressed by the program are SFM 1: Forest Ecosystem Services: Reduce pressures on forest resources and generate sustainable flows of forest ecosystem services and SFM 2: Reducing Deforestation: Strengthen the enabling environment to reduce GHG emissions from deforestation and forest degradation and enhance carbon sinks from LULUCF activities. These GEF strategy objectives will be achieved through SFM promoted in-field activities that are integrated with forest biodiversity conservation, sustainable land management and climate change adaptation, consistent with the relevant country GEF-5 priorities. Management regimes are to be introduced that strengthen conservation, sustainable management of forests and enhancement of forest carbon stocks will be supported, including the development of regulatory and institutional framework and the necessary tools. Projects under the Program will support the sustainable land management interventions articulated under the UNCCD National Plans of Action (NAPs) of the participating PICs.

 

OUTCOMES:

Focal Area Objective

Expected FA Outcomes

Expected FA Outputs

SFM1

1.1 Enhanced enabling environment within the forest sector and across sectors

1.2: Good management practices applied in existing forests

 

Forest area under sustainable management, separated by forest type

Payment for ecosystem services (PES) systems established

SFM2

2.1: Enhanced institutional capacity to account for GHG emissions reduction and increase in carbon stocks

2.2: New revenue for SFM created through engaging in the carbon market

 

National forest carbon accounting system designed and peer reviewed ready for implementation Innovative national financing

mechanisms designed using established models and customized