The meeting will examine the current state of public and private financial mechanisms for REDD+ and adaptation and contribute to developing an updated vision for the optimal design and deployment of finance to reduce forest loss and degradation – while respecting the rights and development needs of local people. This meeting will take stock of lessons learned to date regarding the possibilities of a global forest carbon market, scope for individual projects, and the experiences with national and regional public funds. The debate will aim to better understand the potentials and limits of each approach and the conditions in which one approach is more appropriate than another. The meeting will contribute to more informed and decisive negotiations on finance during the UNFCCC COP17 in Durban.
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