Natural Climate Solutions: Monthly News & Reports Summary

News stories from April 2021

Recent consultations   

Policy & Market Developments  

  • Launch of LEAF Coalition: At the Leaders Summit on Climate, one of the largest NCS commitments was the announcement of the Lowering Emissions by Accelerating Forest finance (LEAF) Coalition. LEAF aims to mobilise at least $1 billion in financing, in what is expected to become one of the largest ever public-private efforts to help protect tropical forests.
  • Verra JNR Version 4: On 15 April, Verra released version 4 of its Jurisdictional and Nested REDD+ (JNR) Framework. See full updates in the Verra announcement, and the JNR v4.0 release documents.
  • FCPF ERPAs: On 3 May, the Forest Carbon Partnership Facility ERPA with the Republic of Congo was signed, for US$41.8 million. This marks 13 FCPF countries (Chile, Costa Rica, Côte d’Ivoire, DRC, Fiji, Ghana, Indonesia, Laos PDR, Madagascar, Mozambique, Nepal, Republic of Congo, Vietnam) that now have ERPAs signed with the World Bank for a total contract value of nearly $645 million.

Recent Reports

                              

Other reports:

Upcoming events

  • Innovate4Climate (I4C): IETA is once again partnering with CPLC to host I4C. The annual climate conference, focusing on climate markets, finance and investments, is being held virtually on 25-27 May 2021. Registration is now available.
  • UNEP Webinar: UNEP’s Tropical Landscapes Finance Facility (TFF) with support from Global Affairs Canada are holding a virtual event, Valuing Tropical Landscapes Finance: Lessons and Opportunities in Indonesia, on 28 May.
  • FCPF Carbon Fund Meeting: The World’s Bank’s Forest Carbon Partnership Facility’s (FCPF) next Carbon Fund (CF23) meeting is being held virtually on 15 June