Co-Chairs’ Summary : Second Dialogue on REDD Finance Mechanism

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Building upon the consensus statement developed in 2008, which now enjoys a wide degree of support among leaders in the forest community, The Forests Dialogue (TFD) has initiated a series of multi-stakeholder dialogues on REDD (Reducing Emissions from Deforestation and Forest Degradation) Finance Mechanisms with a view to:

  • Define the challenges and opportunities of the financial mechanism options currently debated in the international community;
  • Elaborate on the possible solutions for identified challenges;
  • Develop a series of multi-stakeholder supported recommendations on REDD Finance Mechanisms for discussion with negotiators in the lead up to, and during, COP-15 in Copenhagen, Denmark.

The first dialogue in the series was convened on 25-26 April 2009. It was hosted by the United Nations Forum on Forests (UNFF) Secretariat, during its 8th Session in New York City, USA. The dialogue engaged over 50 leaders from a wide spectrum of stakeholders in a constructive discussion about the current leading options for REDD finance mechanisms and the challenges for successful implementation.

This,the second dialogue under the initiatve was co-hosted by the Swiss State Secretariat for Economic Affairs (SECO) and Intercooperation on 19-20 June 2009, in Montreux, Switzerland. It brought together 37 participants from different key stakeholder groups. A summary of the dialogue along with its key outputs and next steps are presented below.