Design features

Even within the same financing structure, there can be differences stemming from variations in legal, financial and governance features. Finance can be allocated based on reduced emissions to the national level, and there can be national-to-local reallocation for interim targets (e.g., based on monitoring and planning). Finance can be provided conditionally or unconditionally, and can be provided up front or in instalments. REDD+ project finance designs should align with the needs and desires of the donor and the recipient country and have institutional arrangements that specify the actors involved and the rules applicable to their operation.