Consider the following statements with reference to lsquo Forest Carbon Partnership Facility rsquo ...........

Environment and Ecology Others

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Consider the following statements with reference to ‘Forest Carbon Partnership Facility’ (FCPF)

The Forest Carbon Partnership Facility is a global partnership focused on reducing emissions from deforestation and forest degradation.

It secures funding from the Green Climate Fund (GCF) to achieve its strategic objectives.
Its objective is to assist countries in their REDD+ Efforts by providing them with financial and technical assistance.

Which of the statement(s) given above is/are correct?

1 and 3 only

2 only

2 and 3 only

1, 2, and 3 only

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Explanation:

1 and 3 only

FCPF complements the UNFCCC negotiations on REDD+ by demonstrating how REDD+ can be applied at the country level and by learning lessons from this early implementation phase.

TheFCPF has created a framework and processes for REDD+ readiness, which helps countries get ready for future systems of financial incentives for REDD+.

Using thisframework, each participating country develops an understanding of what it means to become ready for REDD+, in particular by developing reference scenarios, adopting a REDD+ strategy, designing monitoring systems and setting up REDD+ national management arrangements, in ways that are inclusive of the key national stakeholders.

TheFCPF has two separate but complementary funding mechanisms — the Readiness Fund and the Carbon Fund.

The four strategic objectives of the FCPF:

To assist countries in their REDD+ efforts by providing them with financial and technical assistance in building their capacity to benefit from possible future systems of positive incentives for REDD+.
To pilot a performance-based payment system for REDD+ activities, with a view to ensuring equitable benefit sharing and promoting future large-scale positive incentives for REDD+.
Within the approach to REDD+, to test ways to sustain or enhance livelihoods of local communities and to conserve biodiversity.
To disseminate broadly the knowledge gained in the development of the Facility and the implementation of Readiness Preparation Proposals (RPPs) and Emission Reductions Programs (ERPs).