KATHMANDU, NEPAL – ICEM releases Strategic Environmental and Social Assessment of Nepal’s REDD+ Strategy and companion Environmental and Social Management Framework
The deforestation and degradation of forest accounts for a significant amount of carbon dioxide released to the atmosphere. Research carried out by the IPCC has revealed that almost 20% of carbon dioxide released to the atmosphere comes from global forest degradation and deforestation.
As a result, attention has focused on the need to reduce emissions from deforestation and forest degradation, popularly known as REDD. REDD is an effort to create a financial value for the carbon stored in forests, offering incentives for developing countries to reduce emissions from forested lands and invest in low-carbon paths to sustainable development. This project followed the World Bank (WB)/Forest Carbon Partnership Facility (FCPF) definition for the REDD+, which stands for countries’ efforts to “Reduce Emissions from Deforestation and forest Degradation, and foster conservation, sustainable management of forests, and enhancement of forest carbon stocks”. The core idea underlying REDD+ is to make performance-based payments for ecosystem services (PES).
ICEM was contracted to work with the Government of Nepal to conduct a strategic environmental and social assessment (SESA) of the country’s REDD+ strategy. The overall objective of this SESA was to identify opportunities to mitigate environmental and socioeconomic risks associated with implementing a REDD+ mechanism in Nepal.
In concert with the SESA, ICEM was contracted to develop an environmental and social management framework (ESMF) to strengthen the positive impacts of the REDD process.
For more information on the project, visit the Nepal Readiness for Reducing Emissions from Deforestation (REDD+) page.