Day 4 Highlights

Session 7: GCF REDD+ RBP Policy and Future Funding Opportunities 

This session provides an update on the ongoing REDD+ RBP policy under development by the GCF. 

Sessions 6 & 8: Country Reflections, Joint Statement, Opportunities & Collaborations for Tropical Forest Countries

The SSE concluded with a significant joint statement emphasizing the ongoing necessity for South-South cooperation in addressing climate change and the vital role of tropical forest nations in global climate action. This serves as a critical touchstone for participating countries, outlining the essential need for sustainable climate finance mechanisms and coordinated efforts to enhance forest conservation, bolster carbon sequestration, and protect biodiversity. By reflecting a collective commitment, the statement lays the groundwork for future strategic initiatives and ensures that the priorities and voices of these nations are effectively represented in international climate discussions. Participating countries aim to maximize the statement's impact through follow-up actions, driving meaningful progress in climate goals and reinforcing the role of tropical forest nations in sustainable development.

Several expected outcomes from SSE 2024: 

• Strengthened Collaboration: Countries expect the joint statement to act as a catalyst for enhanced collaboration among tropical forest nations. By presenting a unified stance, they aim to increase their collective influence in shaping international climate policy, particularly in negotiations at forums like UNFCCC COP-29 in Azerbaijan and COP-30 in Brazil. This collaboration is seen as essential for addressing shared challenges and maximizing resources.

• Actionable Framework: The joint statement is anticipated to provide a clear, actionable framework for mobilizing sustainable climate finance. It is expected to outline specific recommendations for funding mechanisms that address the unique needs of tropical forest countries, thereby supporting their REDD+ and RBP initiatives.

• Increased Visibility: Countries look forward to the joint statement elevating their visibility in global climate discussions. By articulating a shared vision and common goals, they hope to garner greater recognition from international stakeholders, leading to enhanced commitments and support for their climate initiatives.

• Policy Influence: The statement aims to influence policy dialogues by providing a comprehensive perspective on the challenges and contributions of tropical forest nations. Countries expect that this will encourage more inclusive decision-making processes at international climate forums.

• Country Reflections: During the final session, representatives from each participating country shared insights and key learnings, identifying specific follow-up actions for both domestic and international implementation. These reflections are deemed crucial for shaping future climate finance strategies and enhancing policy dialogues.