Key criteria for assessing different institutional options are their overall legitimacy and ability to produce 3E+ outcomes. Four major options for channelling (international) REDD+ finance are projects, funds - independent or within the state administration - and budget support. The mix of these depends crucially on national conditions and the choice of REDD+ actions. Building national REDD+ institutions takes time, and early design might constrain later options. Countries must therefore ensure that the immediate steps taken fit future and more developed solutions.
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Publication year
2009
Authors
Language
English
Keywords
climate change, governance
