Wetlands have been the focus of conservation and restoration efforts for over a century, and governments, international actors (NGOs and academia) and local communities around the world are now increasingly engaging in wetland restoration or avoiding wetland degradation activities for climate change mitigation. Yet despite the rapidly growing attention on wetland activities for climate mitigation, finding the appropriate funding sources to set up a wetland carbon project or develop a national wetland carbon program is often a challenge.
IUCN, together with Conservation International and Wetlands International, has produced a report called “Keep it Fresh or Salty – An introductory guide to financing wetland carbon programs and projects”. It has been co-financed by the GEF Blue Forest project.
The report provides guidance for program and project developers from, or working in, developing countries on the numerous funds and finance mechanisms that can provide carbon finance for wetland carbon conservation and restoration. It also highlights ways to access and link carbon activities with non-carbon based sources of financing, including ecosystem services.
The report was released at a cocktail event at the Development & Climate Days in the Country Club Lima Hotel, Sunday December 7th, on the sidelines of the UNFCCC COP 20 in Lima, Peru. The first copy of the report was handed over to H.E. Heru Prasetyo, Head of Indonesia’s new National REDD+ Agency.
IUCN also followed the international negations under the UNFCCC at COP 20 to provide guidance to other GEF project partners on the state of wetlands in international climate change policy developments.