REDD+ as a Catalyst: How results-based finance transforms the Forests and Land Use Sector
Date: November 12th, 9:00-10:00 GMT+3
Location: UNDP Pavilion, Blue Zone
Host: UNDP Forests, Land Use and Food Systems
Following UNFCCC COP19 decisions (2013), particularly the Warsaw Framework for REDD+, which sets the basic rules for REDD+ implementation, the Green Climate Fund (GCF) launched in 2017 the Pilot Programme for GCF REDD+ Results-Based Payments (RBPs). A total of 8 countries engaged in this Programme, receiving results-based payments, worth more than US$ 500M in total, leaving a clear signal that developing countries are willing to engage in REDD+ RBPs.
The GCF adopted a new Policy on REDD+ RBPs in 2024, including a revised set of requirements aimed at increasing ambition and integrity, building on lessons from the Pilot Programme.
The event will build on the recent REDD+ Global Summit (Nairobi, June 2026) carried out by the UNFCCC REDD+ Community of Practice, where participant countries valued having a structured setting to compare real-world