FCPF Releases Chair’s Summary of CF11
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The Forest Carbon Partnership Facility (FCPF) has published the ‘Chair's Summary' of the eleventh meeting of the Carbon Fund (CF11).

A key agenda item for CF11 was the review of Emission Reductions Program Idea Notes (ER-PINs) for potential selection into the Carbon Fund pipeline.

The Chair notes that the review concluded by welcoming Guatemala and Peru into the FCPF pipeline.

Forest CarbonNovember 2014: The Forest Carbon Partnership Facility (FCPF) has published the ‘Chair’s Summary’ of the eleventh meeting of the Carbon Fund (CF11). A key agenda item for CF11 was the review of Emission Reductions Program Idea Notes (ER-PINs) for potential selection into the Carbon Fund pipeline. The Chair notes that the review concluded by welcoming Guatemala and Peru into the FCPF pipeline.

The Summary, prepared by Duncan Marsh, CF11 Chair, notes that Indonesia has also been provisionally accepted into the pipeline subject to the submission of a revised project document clarifying institutional relationships for REDD+ implementation and elaborating emission factors and potential emission reductions, among other points.

In addition to consideration of the REDD+ portfolio, CF11 contemplated the future of the FCPF beyond 2020. Discussions resulted in a general agreement that the FCPF should be extended to 2025, although it was noted that the evolution of the Green Climate Fund (GCF) might be relevant.

Other issues included in the Summary include a call for cost allocation options under the future Emission Reductions Payment Agreement (ERPA), an expanded role for the Technical Advisory Panel (TAP), and the need to avoid double payments for REDD+ with a particular focus on linkages between the FCPF Carbon Fund and Forest Investment Program (FIP).

The CF11 meeting was held from 6-8 October 2014, in Washington, DC, US. The next meeting is scheduled for 28-30 April 2015, in Paris, France. [Publication: FCPF Carbon Fund Eleventh Meeting – Chair’s Summary]

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