At the beginning of 2023, within the framework of an FAO (UN) project through funds from the Green Climate Fund (GCF), we provided strategic advice for the National Forest Financing Strategy of Bolivia. There, we provide the strategic guidelines for the design of the following instruments:
- Executive plan to comply with the Warsaw Framework and the ART-TREES/JNR Verra standard with financing from enabling conditions windows (ONU-REDD, GEF-8, GCF Readiness, Euroclima+, etc) and upfront financing from LEAF or others (without requiring corresponding adjustments in the country’s NDC).
- Development of a platform that defines a framework of safeguards in accordance with Bolivian state policies, ex ante application for any project in the field of climate and environmental action (eg Safeguards + Honduras).
- Guarantee interaction with the safeguards platform and include a component in the strategy that ensures the distribution of REDD+/JMA benefits with land access policies for local communities that apply criteria of agroecological, non-timber production and eco-tourism (with microfinance support MEbA UNEP, and access to land UTT Argentina), green infrastructure (eg City Adapt UNEP), under a trust (GCF requirement), and/or smart contracts (Web3-Blockchain), providing greater legal certainty for attract private investment, with support from United Species DAO for community-led adaptation).
- Partner with the SPACES and Nature Map initiative and the Blockchain Hub at the Service of Nature led by UNEP to quantify, value and monetize the flow of ecosystem services (SEEA methodology) that does not imply a violation of Bolivian regulations for monetization of natural resources (stock). Explore bilateral cooperation with Chaco Argentina (Eco-Token).
- Design and operation of a multi-ministerial/agency institutional arrangement for the systematic and agile presentation of project portfolios for access to payments for REDD+/JMA results in different financing windows.”).