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<p>At the United Nations framework convention on climate change (UNFCCC) conference in Warsaw in November, agreement was reached on the ‘Warsaw Framework for REDD+’ (reducing emissions from deforestation and forest degradation). This package of decisions included the REDD+ methodological rulebook, co-ordination of support, and REDD+ results-based finance. The Warsaw Framework for REDD+ sets out the rules around how to measure, report and verify emissions reductions, the process for the technical assessment of reference levels, national forest monitoring systems, information systems for safeguards, and drivers of deforestation and forest degradation.</p><p>In Warsaw the UK joined Norway and the US, to pledge a total of $280 million for the new BioCarbon Fund Initiative for Sustainable Forest Landscapes. This includes £75 million (about $120 million) of the UK's International Climate Finance, up to $135 million from Norway, and $25 million from the US. The fund is the first of its kind; a public-private partnership which aims to reduce greenhouse gas emissions by addressing the key drivers of deforestation, particularly agricultural production.</p> |