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Eligible focal area investments include de-centralized renewable energy with energy storage, electric drive technologies and electric mobility, accelerating energy efficiency adoption, and cleantech innovation. 6. (...) The key objectives of the program are to de-risk investments in electric vehicles through demonstration projects and to support participating countries in developing country- and context- specific policies and incentives for electric mobility. (...) As outlined in the 2018-2022 Adaptation Strategy, LDCF/SCCF project selection and approval transitioned in GEF-7 to a Work Program model at the start of this reporting period, under which projects selected based on strategic prioritization factors are presented for approval by the LDCF/SCCF Council.

For data on sustainable transport, efforts have been made to improve coverage of public and private investment in electric vehicles and charging infrastructure. However, high-quality data on private investments in sustainable agriculture, forestry and land use, water, waste, and adaptation and resilience are particularly lacking. (...) For the fourth BA, several new data sources have been used to track climate finance in areas that were not previously included, such as electric vehicle charging infrastructure, transport, water, waste and municipal investments. (...) Figure 2 Climate finance flows in 2017–2018 (Billions of United States dollars, annualized) FCCC/CP/2021/L.9 GE.21-16683 12 Notes: (1) Value discounts transport energy efficiency estimates by 8.5 per cent to account for overlap with electric vehicle estimates, same as in previous years; (2) From Annex II to non-Annex I Parties.

Eligible focal area investments include de-centralized renewable energy with energy storage, electric drive technologies and electric mobility, accelerating energy efficiency adoption, and cleantech innovation. 5. (...) (c) In sustainable transport and urban systems, in the reporting period, ten additional country projects were approved in the Global Programme to Support Countries with the Shift to Electric Mobility, with $21.9 million in GEF funding, including PPGs and Agency Fees, leveraging $218.8 million in co-financing. (...) As outlined in the 2018-2022 Adaptation Strategy, LDCF/SCCF project selection and approval transitioned in GEF-7 to a Work Program model, under which projects selected based on strategic prioritization factors are presented for approval by the LDCF/SCCF Council.

Enabling Activities and Capacity Building ................................................................................ 92 Part IV: Evaluations by the GEF Independent Evaluation Office ....................................................... 98 Annex 1: GEF-7 Funding Envelopes and Allocations............................................................................ 103 Annex 2: List of FY21 Projects and Programs under the GEF Trust Fund ...................................... 108 Annex 3: List of FY21 Projects and Programs under the LDCF and the SCCF ............................... 126 Annex 4: Regional and Global Climate Technology Activities ........................................................... 138 Annex 5: National Climate Technology Activities ................................................................................. 148 Annex 6: Status Report on the LDCF and the SCCF for FY21 ............................................................. 170 Annex 7: Status Report on the CBIT Trust Fund for FY21 .................................................................. 179 FCCC/CP/2021/9 5 LIST OF TABLES Table 1: Decisions Adopted by the UNFCCC COP 25 and CMA 2, Conclusions of SBI 51 and 50 and SBSTA 51 and 50, and GEF Response ................................................................................... 21 Table 2: Cumulative GEF Projects on Climate Change Mitigation by Region .................................... 55 Table 3: GEF Projects on Climate Change Mitigation by Phase ......................................................... 56 Table 4: GEF Funding for Project and Programs with Climate Change Mitigation Components ...... 60 Table 5: Expected Results from Project and Programs Approved in the Reporting Period .............. 60 Table 6: Core Indicators for the LDCF and the SCCF (2018-2022) ..................................................... 66 Table 7: Regional Distribution of Projects and Programs Approved under the LDCF in the Reporting Period.................................................................................................................................... 68 Table 8: Agency Distribution of Projects and Programs Approved under the LDCF in the Reporting Period.................................................................................................................................... 69 Table 9: Regional Distribution of Projects and Programs Approved under the SCCF in the Reporting Period.................................................................................................................................... 74 Table 10: Challenge Program for Adaptation Innovation Project Concepts Selected as at June 30, 2021 ...................................................................................................................................... 77 Table 11: GEF Projects for Climate Technology Transfer and Financing Centers and the CTCN ....... 89 Table 12: Cumulative GEF Trust Fund Enabling Activities Projects by Region .................................. 92 Table 13: GEF Trust Fund Enabling Activities Projects by Phase ....................................................... 93 FCCC/CP/2021/9 6 LIST OF FIGURES Figure 1: Cumulative GEF Projects on Climate Change Mitigation by Sectora .................................. 58 Figure 2: Annual and Cumulative Funding Approvals under the LDCF (as at June 30, 2021) ........... 67 Figure 3: Cumulative Regional Distribution of Projects and Programs Approved under the LDCF (as at June 30, 2021) ........................................................................................................... 68 Figure 4: Cumulative Agency Distribution of Projects and Programs Approved under the LDCF (as at June 30, 2021) ........................................................................................................... 69 Figure 5: Cumulative Regional Distribution of Projects Approved under the SCCF-A (as at June 30, 2021) ........................................................................................................... 72 Figure 6: Cumulative Regional Distribution of Projects Approved under the SCCF-B (as at June 30, 2021) ........................................................................................................... 72 Figure 7: Cumulative Agency Distribution of Projects and Programs Approved under the SCCF (as at June 30, 2021) ........................................................................................................... 73 Figure 8: Project Status of CBIT Portfolio by Fiscal Year (FY17 to FY21) ............................................ 82 Figure 9: CBIT Project Priorities per Type of Activity (as at June 30, 2021) ....................................... 84 FCCC/CP/2021/9 7 ABBREVIATIONS AND ACRONYMS ADB Asian Development Bank AfDB African Development Bank AFOLU Agriculture, Forestry and Other Land Use AILAC Independent Association of Latin America and the Caribbean AMP Africa Minigrids Program BTR Biennial Transparency Report BUR Biennial Update Report C40 Cities Climate Leadership Group CAF Development Bank of Latin America CBA Community-based adaptation CBD Convention on Biological Diversity CBIT Capacity-building Initiative for Transparency CBIT TF Capacity-building Initiative for Transparency Trust Fund CBO Community-based Organization CCA Climate Change Adaptation CCM Climate Change Mitigation CEIT Countries with Economy in Transition CEO Chief Executive Officer CGI Consultative Group of Experts CI Conservation International CMA Conference of the Parties serving as the Meeting of the Parties to the Paris Agreement CO2 eq Carbon Dioxide Equivalent COP Conference of the Parties CSO Civil Society Organization CSP Country Support Program CTCN Climate Technology Centre and Network EA Enabling Activity EbA Ecosystem-based Adaptation EBRD European Bank for Reconstruction and Development ECA Eastern Europe and Central Asia ECOWAS Economic Community of West African States ECW Expanded Constituency Workshop EST Environmentally Sound Technology ETF Enhanced Transparency Framework EU European Union FAO Food and Agriculture Organization of the United Nations FINTECC Finance and Technology Transfer Centre for Climate Change FOLUR Food Systems, Land Use and Restoration FSP Full-sized Project FY Fiscal Year GACMO Greenhouse Gas Abatement Cost Model GCA Global Commission on Adaptation GCF Green Climate Fund GEF Global Environment Facility GEFTF Global Environment Facility Trust Fund GGP GEF Gender Partnership GHG Greenhouse Gas GHGI Greenhouse Gas Inventory GHGMI Greenhouse Gas Management Institute GLEAM Global Livestock Environment Assessment Model GRP Global Resilience Partnership GSP Global Support Program HCFC Hydro-chlorofluorocarbon HFC Hydrofluorocarbon IAP Integrated Approach Pilot ICAT Initiative for Climate Action Transparency FCCC/CP/2021/9 8 IDB Inter-American Development Bank IEO Independent Evaluation Office IFAD International Fund for Agricultural Development IFC International Finance Corporation IGES Institute for Global Environmental Strategies INDC Intended Nationally Determined Contribution IP Impact Program IPCC Intergovernmental Panel on Climate Change IUCN International Union for Conservation of Nature LAC Latin America and the Caribbean LCT Low-carbon Technology LDC Least Developed Country LDCF Least Developed Countries Fund LDN Land Degradation Neutrality LEAP Low Emissions Analysis Platform LEG Least-developed Countries Expert Group LTV Long-term Vision MFA Multi-focal Area MIT Massachusetts Institute of Technology MoU Memorandum of Understanding MRV Measurement, Reporting and Verification MSME Micro, Small and Medium Enterprise MSP Medium-sized Project MSW Municipal Solid Waste Mt Megaton (106 tons) MTF Multi-trust Fund MTR Mid-term Review NAP National Adaptation Plan NAPA National Adaptation Program of Action NBI Nature-based Infrastructure NbS Nature-based Solutions NC National Communication NDC Nationally Determined Contribution NDE National Designated Entity NFMS National Forest Monitoring System NGI Non-grant Instrument NGO Non-governmental Organization ODS Ozone-depleting Substance OFP Operational Focal Point OPS Overall Performance Study PFAN Private Financing Advisory Network PFD Project Framework Document PIF Project Identification Form PIR Project Implementation Report PPG Project Preparation Grant PSES Private Sector Engagement Strategy PSP Poznan Strategic Program on Technology Transfer REDD+ Reducing Emissions from Deforestation and Forest Degradation and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries SBI Subsidiary Body for Implementation SBSTA Subsidiary Body for Scientific and Technological Advice SCCE Strategic Country Cluster Evaluation SCCF Special Climate Change Fund SCCF-A Special Climate Change Fund Adaptation Program SCCF-B Special Climate Change Fund Program for Technology Transfer SCF Standing Committee on Finance SDGs Sustainable Development Goals SES Stakeholder Empowerment Series FCCC/CP/2021/9 9 SFM Sustainable Forest Management SGP Small Grants Program SIDS Small Island Developing State SLM Sustainable Land Management SME Small and Medium Enterprise SOFF Systematic Observations Financing Facility SPA Strategic Priority on Adaptation STAP Scientific, Technical and Advisory Panel STAR System for Transparent Allocation of Resources TAG Technical Advisory Group TAP Technology Action Plan TEC Technology Executive Committee TER Terminal Evaluation Report TNA Technology Needs Assessment UN-OHRLLS United Nations Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States UNCCD United Nations Convention to Combat Desertification UNDESA United Nations Department of Economic and Social Affairs UNDP United Nations Development Programme UNEP United Nations Environment Programme UNFCCC United Nations Framework Convention on Climate Change UNIDO United Nations Industrial Development Organization WBCSD World Business Council for Sustainable Development WFP World Food Programme WHO World Health Organization WMO World Meteorological Organization WRI World Resources Institute WWF World Wildlife Fund FCCC/CP/2021/9 10 EXECUTIVE SUMMARY 1. (...) For 9 This includes the Addendum to the project Global Programme to Support Countries with the Shift to Electric Mobility. 10 These projects are aligned with the objective of CCM-1: Promote innovation, technology transfer, and supportive policies and strategies. (...) Advancing coordination and collaboration in further expansion of the GEF-funded large-scale program on the Great Green Wall across the Sahelian countries; the Amazon Initiative; the SFM-REDD+ Initiative; and the implementation of the electric mobility portfolio are few examples. 19 In addition, a total of $4,250,000, including PPGs and Agency fees, were endorsed for two SGP Upgraded Country Programs (Peru, Sri Lanka).

The project will focus on four components: (1) green buildings, including retrofitting existing buildings and piloting new near zero-emission buildings (including smart metering); (2) low-carbon energy mix, including on-site distributed generation from renewable energy and natural gas and purchase of green electricity; (3) green transport with a focus on electric buses; and (4) integrating green energy schemes to achieve low-carbon objectives. If successful, the Changning model has a wide replication potential in Shanghai and across China (...) FC C C /SBI/2011/14 21 G E .11-64658 Country Project title GEF Agency GEF Poznan Program Funding ($) Total GEF Funding ($) Co- financing ($) Comment on Progress Jamaica Introduction of Renewable Wave Energy Technologies for the Generation of Electric Power in Small Coastal Communities UNDP The Agency informed the GEF about its intention to cancel the project.

., 2019) In LFLs, ultraviolet light is generated by driving an electric current through a tube, which contains argon and mercury. (...) However, models released by other companies display a mercury filling volume of 30mm3 – 40mm3 (Gefran, 2014). (...) UNEP/MC/COP.4/26/Add.1 20 Availability of non-mercury alternatives Main alternatives: Liquid filled in tube manometers, mechanical alternatives/elastic pressure sensors, electric manometers, other devices The mercury manometers used in tensiometers are usually replaced by elastic pressure sensors or electric manometers.

Drawing on the GEF’s past experience and lessons learned, an initiative to promote Public- Private Partnerships (PPP) for Technology Transfer could be established to support private sector engagement in technology transfer in order to leverage innovative financial instruments or business models for technology deployment and diffusion in developing countries. (...) submission to the GEF for endorsement expected in September 2011 Cambodia Climate Change related Technology Transfer for Cambodia: Using Agricultural Residue Biomass for Sustainable Energy Solutions UNIDO 1,947,000 1,947,000 3,965,000 Project preparation underway with project preparation grant Chile Promotion and Development of Local Solar Technologies in Chile IADB 3,000,000 3,000,000 32,400,000 Project preparation underway, after experiencing delays due to change in administration (March 2010) and response to earthquake (February 2010) China Green Truck Demonstration Project World Bank 2,998,000 4,868,000 17,400,000 Project preparation underway, with recent clearance through Quality Enhancement Review, and under preparation for appraisal by Agency Colombia, Kenya SolarChill: Commercialization and Transfer World Bank 2,995,000 2,995,000 5,050,000 Reached agreement among consortium partner on project preparation activities, currently discussing Cote d'Ivoire Construction of 1000 Ton per day Municipal Solid Wastes Composting Unit in Akouedo Abidjan AfDB 2,888,000 2,888,000 36,899,000 Project preparation underway 12 Country Project title GEF Agency GEF Poznan Program Funding ($) Total GEF Funding ($) Cofinancing ($) Comment on Progress Jamaica Introduction of Renewable Wave Energy Technologies for the Generation of Electric Power in Small Coastal Communities UNDP 816,000 816,000 1,420,000 Project preparation underway, experiencing technical challenges Jordan dHRS Irrigation Technology Pilot Project to Face Climate Change Impact IFAD 2,200,000 2,200,000 6,000,000 Project preparation underway, to be submitted for GEF endorsement in February 2011 Mexico Promotion and Development of Local Wind Technologies in Mexico IADB 3,000,000 5,500,000 18,600,000 Project document submitted to the GEF for endorsement in September 2010, undergoing revision Russia Phase out of HCFCs and Promotion of HFC-free Energy Efficient Refrigeration and Air- Conditioning Systems in the Russian Federation through Technology Transfer UNIDO 2,970,000 19,800,000 40,000,000 Project document submitted to the GEF for endorsement in May 2010, to be endorsed by November 2010 Senegal Typha-based Thermal Insulation Material Production in Senegal UNDP 2,310,000 2,310,000 3,400,000 Project document submission expected by end of October 2010 Sri Lanka Bamboo Processing for Sri Lanka UNIDO 2,700,000 2,700,000 10,700,000 Project preparation underway Thailand Overcoming Policy, Market and Technological Barriers to Support Technological Innovation and South-South Technology Transfer: The Pilot Case of Ethanol Production from Cassava UNIDO 2,970,000 2,970,000 8,340,000 Project preparation underway, with project approval inside UNIDO by March 2011 Turkey, Cook Islands Realizing Hydrogen Energy Installations on Small Island through Technology Cooperation UNIDO 3,000,000 3,000,000 3,500,000 Project preparation underway, with project submission to be completed after elections in Cook Islands (November 2010) TOTAL 36,763,000 57,963,000 195,389,000 13 ANNEX 1. (...) Typha can be harvested and used as a raw material for insulation, solving yet another problem in the country: shortage of electric power and inadequate insulation of the buildings.

Investment Income ............................................................................................................... 135 FCCC/CP/2014/2 GE.14-15370 iv List of Tables Table 1: Climate change resource allocations for GEF-6 (2014-2018 replenishment period) ......................................... 14 Table 2: GEF projects on climate change mitigation by region (1991–2014).................................................................. 16 Table 3: GEF projects on climate change mitigation by phase (excluding 49 EAs, NCs and BUR projects).................. 18 Table 4: Breakdown of GEF funding for climate change mitigation projects.................................................................. 21 Table 5: Climate change mitigation: GEF-5 Strategic objectives and results framework ................................................ 22 Table 6: CO2 eq emission reductions, in FY 2014........................................................................................................... 23 Table 7: GEF-5 funding for LULUCF-related projects in FY 2014................................................................................. 25 Table 8: Climate change adaptation: Strategic objectives and expected outcomes .......................................................... 27 Table 9: Regional distribution of adaptation projects and programs under the LDCF to date ......................................... 28 Table 10: Regional distribution of adaptation projects and programs under the LDCF (FY 2014) ................................. 29 Table 11: Regional distribution of adaptation projects and programs under the SCCF-A to date ................................... 29 Table 12: Regional distribution of adaptation projects and programs under the SCCF-B to date.................................... 30 Table 13: Regional distribution of adaptation projects and programs under the SCCF-A (FY 2014).............................. 30 Table 14: GEF regional projects for climate technology transfer and financing centers.................................................. 32 Table 15: GEF Trust Fund EA projects by region (1991–2014) ...................................................................................... 38 Table 16: GEF Trust Fund EA projects by phase............................................................................................................. 38 Table 17: LDCF EA projects by phase............................................................................................................................. 38 Table 18: Cross-cutting capacity development projects in FY 2014................................................................................ 40 Table 19: Number of projects by strategic objective and phase ....................................................................................... 42 Table 20: Climate change mitigation impacts at project termination ............................................................................... 43 Table 21: Climate change mitigation impacts at mid-term............................................................................................... 43 Table 22: Contributions to energy conservation............................................................................................................... 44 Table 23: Contributions to renewable energy generation................................................................................................. 44 Table 24: Regional distribution of GEF adaptation projects under the Strategic Priority on Adaptation ........................ 44 Table 25: LDCF/SCCF projects under implementation in FY 2013 ................................................................................ 45 Table 26: Cumulative, portfolio-level results under the LDCF as at June 30, 2013......................................................... 45 Table 27: Cumulative, portfolio-level results under the SCCF as at June 30, 2013 ......................................................... 46 Table A1.1: GEF-6 STAR Country Allocations............................................................................................................... 52 Table A3.1: FY 2014 LDCF Projects............................................................................................................................... 66 Table A3.2: FY 2014 LDCF Programs ............................................................................................................................ 68 Table A3.3: FY 2014 LDCF Enabling Activities............................................................................................................. 69 Table A3.4 FY 2014 SCCF-A Projects .......................................................................................................................... 69 Table A3.5: FY 2014 SCCF-B Projects ........................................................................................................................... 70 Table A7.1: Implementation Progress of Technology Transfer Pilot Projects under the Poznan Strategic Program..... 118 Table A9.1 Status of Requests for Resources for Biennial Update Reports (as at April 30, 2014).............................. 121 Table A10.1: GEF Adaptation Projects under the Strategic Priority on Adaptation ...................................................... 132 Table A11.1 LDCF Status of Pledges and Contributions as of June 30, 2014 ............................................................... 135 Table A11.2 LDCF Summary of Allocation, Commitments and Disbursements as of June 30, 2014........................... 136 FCCC/CP/2014/2 v GE.14-15370 Table A11.3 LDCF for Climate Change Schedule of Funds Available updated as of June 30, 2014 ............................ 137 Table A11.4 SCCF Status of Pledges and Contributions as of June 30, 2014................................................................ 138 Table A11.5 SCCF Status of Contributions by Program as of June 30, 2014 ................................................................ 139 Table A11.6 SCCF Summary of Allocations, Commitments and Disbursements as of June 30, 2014.......................... 140 Table A11.7 SCCF Schedule of Funds Available updated as of June 30, 2014............................................................ 141 List of Figures Figure 1: Cumulative funding approvals under the LDCF as at June 30, 2014................................................................ 28 FCCC/CP/2014/2 GE.14-15370 vi Abbreviations and Acronyms AC Adaptation Committee ADB Asian Development Bank ADP Ad Hoc Working Group on the Durban Platform for Enhanced Action AfDB African Development Bank AGT Automated Guideway Transit AMR Annual Monitoring Review AR5 Fifth Assessment Report ASEAN Association of Southeast Asian Nations ASTUD Asian Sustainable Transport and Urban Development BRT Bus Rapid Transit BUR Biennial Update Report CBD Convention on Biological Diversity CBNRM Community-Based Natural Resource Management CBO Community-Based Organization CCA Climate Change Adaptation CCCD Cross-Cutting Capacity Development CCM Climate Change Mitigation CEIT Countries with Economy in Transition CEO Chief Executive Officer CGE Consultative Group of Experts CI Conservation International CNFO Caribbean Network of Fisher-folk Organizations CNG Compressed Natural Gas CO2 eq Carbon Dioxide Equivalent COP Conference of the Parties CSO Civil Society Organization CTCN Climate Technology Centre and Network DHRS Dutyion Root Hydration System EA Enabling Activity EBA Ecosystem-Based Adaptation EBRD European Bank for Reconstruction and Development ECW Expanded Constituency Workshop EIB European Investment Bank EnMS Energy Management System ESA European Space Agency ESCO Energy Service Company ESO Energy Systems Optimization EST Environmentally Sound Technology ETC Early Transition Country EV Electric Vehicle FAO Food and Agriculture Organization of the United Nations FBUR First Biennial Update Report FCV Fuel Cell Vehicle FNC Fourth National Communication FSP Full-sized Project FY Fiscal Year GCF Green Climate Fund GCM Global Climate Model GEB Global Environmental Benefit GEF Global Environment Facility GEFTF Global Environment Facility Trust Fund GHG Greenhouse Gas GSP Global Support Program GWP Global-warming Potential FCCC/CP/2014/2 vii GE.14-15370 HCFC Hydro-chlorofluorocarbon IAP Integrated Approach Pilot IBRD International Bank for Reconstruction and Development (World Bank) ICAO International Civil Aviation Organization IDB Inter-American Development Bank IEA International Energy Agency IFAD International Fund for Agricultural Development INC Initial National Communication INDC Intended Nationally Determined Contribution IPCC Intergovernmental Panel on Climate Change kt kilotonne (103 tonnes) LAC Latin America and the Caribbean LCT Low-carbon Technology LDC Least Developed Country LDCF Least Developed Countries Fund LED Light Emitting Diode LEG Least Developed Countries Expert Group LULUCF Land Use, Land-Use Change, and Forestry MDB Multilateral Development Bank MEA Multilateral Environmental Agreement MFA Multi-focal Area MFP Multi-functional Platform MRV Measurement, Reporting and Verification MSP Medium-sized Project MSW Municipal Solid Waste Mt Megatonne (106 tonnes) MTF Multi Trust Fund MTR Mid-term Review NAMA Nationally Appropriate Mitigation Action NAP National Adaptation Plan NAPA National Adaptation Program of Action NBSAP National Biodiversity Strategy and Action Plan NC National Communication NCSA National Capacity Self-Assessment NCSP National Communications Support Program NDE Nationally Designated Entity NFP National Focal Point NGO Non-governmental Organization NIMS National Inventory Management System NIP National Implementation Plan NIS National Inventory System NMT Non-motorized Transport NPFE National Portfolio Formulation Exercise NRM Natural Resource Management ODP Ozone Depleting Potential ODS Ozone Depleting Substance OFP Operational Focal Point OPS Overall Performance Study PES Payment for Ecosystem Services PIF Project Identification Form PIR Project Implementation Report PMIS Project Management Information System POP Persistent Organic Pollutant PPG Project Preparation Grant PPP Public-Private Partnership PRSP Poverty Reduction Strategy Paper PV Photo-voltaic FCCC/CP/2014/2 GE.14-15370 viii RBM Results-Based Management REDD+ Reducing Emissions from Deforestation and Forest Degradation plus1 RET Renewable Energy Technology SBES Sustainable Biomass Energy System SBI Subsidiary Body for Implementation SBUR Second Biennial Update Report SCF Standing Committee on Finance SCCF Special Climate Change Fund SCCF-A Special Climate Change Fund Adaptation Program SCCF-B Special Climate Change Fund Program for Technology Transfer SFM Sustainable Forest Management SGP Small Grants Program SIDS Small Island Developing State SLM Sustainable Land Management SME Small and Medium Enterprise SMME Small, Medium and Micro-scale Enterprise SNC Second National Communication SPA Strategic Priority on Adaptation SSL Solid State Lighting STAP Scientific and Technical Advisory Panel STAR System for Transparent Allocation of Resources TAP Technology Action Plan TEC Technology Executive Committee TER Terminal Evaluation Report TNA Technology Needs Assessment TNC Third National Communication UNCCD United Nations Convention to Combat Desertification UNDP United Nations Development Programme UNEP United Nations Environment Programme UNFCCC United Nations Framework Convention on Climate Change UNIDO United Nations Industrial Development Organization WWF-US World Wildlife Fund 1 The term REDD+ includes carbon benefits not only from reducing deforestation and degradation, but also from the role of conservation, sustainable management of forests and enhancement of forest carbon stocks.