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                                       NNNNaaaattttionionionionaaaallll                                                                      REDREDREDREDDDDDDD++++++ ffffffuuuuuundndndndndndinininininingggggg                                                                                                                       frafrafrafrafraframmmmmmewewewewewewoooooorrrrrrksksksksksks                                                                                aaaaaannnnnndddddd
                                       aaaaaaachchchchchchchievinievinievinievinievinievinievinggggggg                                                     RRRRRRREEEEEEEDDDDDDDDDDDDDD+++++++                                                            rrrrrrreeeeeeeaaaaaaadddddddinesinesinesinesinesinesinessssssss                                                        –fifififinnnnddddingingingingssss                                                                                     ffffrrrromomomom
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                                                                                                                                                                                                                                                                                                                                                                                                                              
        
       Contents 
       Acknowledgements                                                                                                             1 
       Authors                                                                                                                      1 
       Glossary of terms                                                                                                            2 
       Executive summary                                                                                                            4 
       Background to the report                                                                                                    10 
       Our approach                                                                                                                12 
       REDD+ national funding flows in 2012  & 2015                                                                                13 
       Brazil                                                                                                                      16 
       1.       Background on Brazil and REDD+                                                                                     17 
       2.       Current REDD+ funding in Brazil                                                                                    23 
       3.       Potential barriers to funding future  REDD+ activity at scale                                                      33 
       4.       Making REDD+ a success in Brazil                                                                                   37 
       5.       Conclusions and suggested next steps                                                                               38 
       Cambodia                                                                                                                    42 
       1.       Background on Cambodia and REDD+                                                                                   43 
       2.       Current REDD+ funding in Cambodia                                                                                  47 
       3.       Potential barriers to funding future REDD+ activity at scale                                                       53 
       4.       Making REDD+ a success in Cambodia                                                                                 55 
       5.       Conclusions and suggested next steps                                                                               58 
       DRC                                                                                                                         62 
       1.       Background on DRC and REDD+                                                                                        63 
       2.       Current REDD+ funding in DRC                                                                                       67 
       3.       Potential barriers to funding future REDD+ activity at scale                                                       73 
       4.       Making REDD+ a success in DRC                                                                                      76 
       5.       Conclusions and suggested next steps                                                                               78 
       Indonesia                                                                                                                   81 
       1.       Background on Indonesia and REDD                                                                                   82 
       2.       Current REDD+ funding in Indonesia                                                                                 85 
       3.       Potential barriers to funding future REDD+ activity at scale                                                       90 
       4.       Making REDD+ a success in Indonesia                                                                                94 
       5.       Conclusions and suggested next steps                                                                               97 
       Madagascar                                                                                                                101 
       1.       Background on Madagascar and REDD                                                                                 102 
        Report for the Conservation Finance Alliance  
       PricewaterhouseCoopers                                                                                                Contents 
        
       2.       Current REDD+ funding in Madagascar                                                                               105 
       3.       Potential barriers to funding future REDD+ activity at scale.                                                     111 
       4.       Making REDD+ a success in Madagascar                                                                              113 
       5.       Conclusion and suggested next steps                                                                               115 
       Peru                                                                                                                      118 
       1.       Background on Peru and REDD                                                                                       119 
       2.       Current REDD+ funding in Peru                                                                                     122 
       3.       Potential barriers to funding future REDD+ activity at scale                                                      127 
       4.       Making REDD+ a success in Peru                                                                                    130 
       5.       Conclusions and suggested next steps                                                                              134 
       High level case study countries: The role of environmental funds and civil society organisations in 
       REDD+                                                                                                                     138 
       Introduction                                                                                                               139 
       Recommendations for the future roles of environmental funds and NGOs in REDD+                                              142 
       Results                                                                                                                                                                                144 
        
        
        
        
                                          
        Report for the Conservation Finance Alliance  
       PricewaterhouseCoopers                                                                                                Contents 
     
    Important notice 
    This report should be considered as an analysis of stakeholder views and publicly available data as gathered through the 
    research and not as a reflection of the views of Conservation Finance Alliance or member firms of the 
    PricewaterhouseCoopers global network. It does not constitute professional advice and you should not act upon the 
    information contained in this report without obtaining specific professional advice. No representation or warranty (express 
    or implied) is given as to the accuracy or completeness of the information contained in this report, and, to the extent 
    permitted by law, the Conservation Finance Alliance and PricewaterhouseCoopers do not accept or assume any liability, 
    responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the 
    information contained in this publication or for any decision based on it.  This report does not propose optimal routes for 
    national fund management and disbursal, nor does it provide an exhaustive analysis of national REDD funding flows.
     Report for the Conservation Finance Alliance  
    PricewaterhouseCoopers                                         Contents