Preparation of strategic frameworks and climate finance to reduce deforestation and forest degradation and guide the investment of the GCF in Panama
Preparation of strategic frameworks and climate finance to reduce deforestation and forest degradation and guide the investment of the GCF in Panama
The NDC of Panama includes the implementation of activities of the Land Use, Land Use Change and Forestry (LULUCF) sector as one of the priorities for climate change mitigation and adaptation as climate actions, which are related to REDD+. Similarly, Panama has made important progress in REDD+ as a nature-based solution to conserve and restore forested landscapes and to ensure that nature contributes to resilient livelihoods While the country is making good progress with REDD+ strategic documents, there are some elements of REDD+ readiness required by UNFCCC decisions that are still to be developed. The NDA will also be supported in assessing and mapping the financial landscape for REDD+ and other climate actions to support access for financing the forestry sector and other land
uses in terms of climate change.
The main objective of the proposal is the preparation of strategic frameworks and capacity building in climate finance to guide the investment of the Green Climate Fund (GCF) in the forestry sector and other land uses in Panama.