The BioCarbon Fund Initiative for Sustainable Forest Landscapes (ISFL) seeks to promote reduced greenhouse gas emissions from land-use in four programme countries: Colombia, Ethiopia, Indonesia, and Zambia. This assignment is to produce a background document to support future discussions on the development of a comprehensive landscape methodological approach for accounting greenhouse gas (GHG) reduction to allow a result-based finance mechanism.
Countries are already reporting their GHG emissions using Intergovernmental Panel on Climate Change (IPCC) methods. However further work is required to account for emission reductions with sufficient confidence to allow for result-based payments in the future. The ISFL seeks to develop a methodological approach that will confidently support results-based payments for comprehensive accounting of emission reductions across the entire AFOLU (Agriculture, Forestry and Other Land Uses) sector.
To address the challenges, LTS’ key activities include:
Value and benefits
A thorough and comprehensive methodological approach to report GHG emission reductions, accurately enough to allow result-based financing at a landscape level across the four Programme Countries, will be developed through this project.