Insights and Experiences from the BioCarbon Fund Emission Reductions Projects in the Land-Use Sector : An Overview

Housed within the climate funds management unit (SCCFM) of the climate change group (CCG) in the World Bank, the biocarbon fund (BioCF), a public-private initiative, has pioneered results-based payments for emission reductions (ERs) from the land-u...

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Main Author:	World Bank
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2020
Subjects:	CLIMATE CHANGE GREENHOUSE GAS EMISSIONS CARBON POLICY INSTITUTIONAL CAPACITY CLIMATE FINANCE RESOURCE MOBILIZATION RISK MANAGEMENT STAKEHOLDER ENGAGEMENT SHARED BENEFITS EMISSION REDUCTION
Online Access:	http://documents.worldbank.org/curated/en/791301600843482639/Insights-and-Experiences-from-the-BioCarbon-Fund-Emission-Reductions-Projects-in-the-Land-Use-Sector-An-Overview http://hdl.handle.net/10986/34499

id	okr-10986-34499
recordtype	oai_dc
spelling	okr-10986-344992021-05-25T09:58:28Z Insights and Experiences from the BioCarbon Fund Emission Reductions Projects in the Land-Use Sector : An Overview World Bank CLIMATE CHANGE GREENHOUSE GAS EMISSIONS CARBON POLICY INSTITUTIONAL CAPACITY CLIMATE FINANCE RESOURCE MOBILIZATION RISK MANAGEMENT STAKEHOLDER ENGAGEMENT SHARED BENEFITS EMISSION REDUCTION Housed within the climate funds management unit (SCCFM) of the climate change group (CCG) in the World Bank, the biocarbon fund (BioCF), a public-private initiative, has pioneered results-based payments for emission reductions (ERs) from the land-use sector. The challenges can be daunting: dedicated and continuous engagement by stakeholders, and adequate financial and technical capacity are essential in order to ensure that project objectives are met, and benefits can be realized. This report, therefore, looks back at the 10 to 15 years of implementation of BioCF projects, and their groundbreaking experience under both the compliance (CDM) and voluntary (VCS) standards. Among these projects are concrete, real-world examples of both the successes and challenges faced in monitoring, reporting, verification (MRV), and communicating project objectives and results to stakeholders, and distributing benefits. This report is based on a desk review of project documents (including monitoring and verification reports available on the CDM and VCS project pages); World Bank project documents; interviews with World Bank staff involved in the preparation and supervision of the projects, and BioCF administration; and some of the implementing agencies or project entity (PEs). This analysis includes examination of the issues that have impacted BioCF projects throughout the project life cycle. The relationship of how these various issues have impacted implementation and ER delivery. The lessons learned and collected in this study have helped to identify a wide range of issues and challenges, as well as good practices on various aspects of ER operations, which can lead to either the success or failure of these initiatives. 2020-09-23T21:12:44Z 2020-09-23T21:12:44Z 2020-09-23 Report http://documents.worldbank.org/curated/en/791301600843482639/Insights-and-Experiences-from-the-BioCarbon-Fund-Emission-Reductions-Projects-in-the-Land-Use-Sector-An-Overview http://hdl.handle.net/10986/34499 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Environmental Study
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	CLIMATE CHANGE GREENHOUSE GAS EMISSIONS CARBON POLICY INSTITUTIONAL CAPACITY CLIMATE FINANCE RESOURCE MOBILIZATION RISK MANAGEMENT STAKEHOLDER ENGAGEMENT SHARED BENEFITS EMISSION REDUCTION
spellingShingle	CLIMATE CHANGE GREENHOUSE GAS EMISSIONS CARBON POLICY INSTITUTIONAL CAPACITY CLIMATE FINANCE RESOURCE MOBILIZATION RISK MANAGEMENT STAKEHOLDER ENGAGEMENT SHARED BENEFITS EMISSION REDUCTION World Bank Insights and Experiences from the BioCarbon Fund Emission Reductions Projects in the Land-Use Sector : An Overview
description	Housed within the climate funds management unit (SCCFM) of the climate change group (CCG) in the World Bank, the biocarbon fund (BioCF), a public-private initiative, has pioneered results-based payments for emission reductions (ERs) from the land-use sector. The challenges can be daunting: dedicated and continuous engagement by stakeholders, and adequate financial and technical capacity are essential in order to ensure that project objectives are met, and benefits can be realized. This report, therefore, looks back at the 10 to 15 years of implementation of BioCF projects, and their groundbreaking experience under both the compliance (CDM) and voluntary (VCS) standards. Among these projects are concrete, real-world examples of both the successes and challenges faced in monitoring, reporting, verification (MRV), and communicating project objectives and results to stakeholders, and distributing benefits. This report is based on a desk review of project documents (including monitoring and verification reports available on the CDM and VCS project pages); World Bank project documents; interviews with World Bank staff involved in the preparation and supervision of the projects, and BioCF administration; and some of the implementing agencies or project entity (PEs). This analysis includes examination of the issues that have impacted BioCF projects throughout the project life cycle. The relationship of how these various issues have impacted implementation and ER delivery. The lessons learned and collected in this study have helped to identify a wide range of issues and challenges, as well as good practices on various aspects of ER operations, which can lead to either the success or failure of these initiatives.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Insights and Experiences from the BioCarbon Fund Emission Reductions Projects in the Land-Use Sector : An Overview
title_short	Insights and Experiences from the BioCarbon Fund Emission Reductions Projects in the Land-Use Sector : An Overview
title_full	Insights and Experiences from the BioCarbon Fund Emission Reductions Projects in the Land-Use Sector : An Overview
title_fullStr	Insights and Experiences from the BioCarbon Fund Emission Reductions Projects in the Land-Use Sector : An Overview
title_full_unstemmed	Insights and Experiences from the BioCarbon Fund Emission Reductions Projects in the Land-Use Sector : An Overview
title_sort	insights and experiences from the biocarbon fund emission reductions projects in the land-use sector : an overview
publisher	World Bank, Washington, DC
publishDate	2020
url	http://documents.worldbank.org/curated/en/791301600843482639/Insights-and-Experiences-from-the-BioCarbon-Fund-Emission-Reductions-Projects-in-the-Land-Use-Sector-An-Overview http://hdl.handle.net/10986/34499
_version_	1764481032035237888

Insights and Experiences from the BioCarbon Fund Emission Reductions Projects in the Land-Use Sector : An Overview

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