The REDD+ Acceleration Facility (RAF): Scaling Finance for Tropical Forest Protection
The RAF will help catalyze forest carbon markets alongside a new jurisdictional REDD+ standard in development to guarantee high environmental and social integrity and consistency with UNFCCC decisions, including the Paris Agreement, Warsaw Framework, and Cancun Safeguards. The RAF will provide a simple and reputable means for private and public buyers to access jurisdictional REDD+ credits at large scale. RAF will in turn provide forest jurisdictions with a guaranteed source of demand and streamlined access to diverse buyers. Public donor funds will enable RAF to provide jurisdictions with purchase commitments through a guaranteed minimum price.