December 2014: The Forest Carbon Partnership Facility (FCPF) has released its 2014 Annual Report, noting that there are now 47 FCPF Country Participants and highlighting the US$830 million raised by the Readiness Fund and Carbon Fund.

The Annual Report mentions a number of large-scale programs funded through the Carbon Fund ranging from the expansion of community based forest management in Mexico to a cocoa-focused emissions reduction project implemented in Ghana.

With regard to the disbursement of readiness funds, the report notes that six countries have fully committed their funds, while the total number of countries signing readiness grants reached 22 in 2014.

The report also focuses on stakeholder engagement and the participation of indigenous peoples and local communities. Three capacity building projects are highlighted, one implemented by the Pan African Climate Justice Alliance in Ethiopia, Kenya and Uganda, a second led by the Nepal Law Society, and a third project in Mexico managed by the Instituto para el Desarrollo Sustentable en Mesoamerica A.C. All three projects are working to enhance the ability of civil society and local representatives to participate in REDD+ decision making.

Finally, the report mentions cooperation with other REDD+ initiatives including the UN Collaborative Programme on Reducing Emissions from Deforestation (UN-REDD), the Forest Investment Program, the BioCarbon Fund and the REDD+ Partnership. [Publication: 2014 Annual Report – Forest Carbon Partnership Facility]