Costa Rica FCPF REDD READINESS

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The development objective of the Forest Carbon Partnership Facility (FCPF) for Reducing Emissions from Deforestation and Forest Degradation (REDD) Readiness Project is to help Costa Rica reduce carbon emissions from deforestation and forest degradation, sustainably manage forests, and conserve and enhance forest carbon stocks in a socially and environmentally sound manner, while accessing international financial incentives for local forest users, thereby helping to mitigate climate change at a global level. There are four components to the project. The first component of the project is organization and consultation. The FCPF grant under this component will support the dialogue and coordination with stakeholder groups, within and outside government, necessary to achieve a successful outcome for REDD. The second component of the project is development of the REDD strategy. The FCPF grant under this component will help to further analyze the drivers of deforestation and to design policies and programs to combat them, while putting in place the necessary institutional and legal framework, and environmental management frameworks to make them effective. The third component of the project is developing a reference level. This will include finalizing a forest cover map for 2010 and undertaking biomass estimations for various forest types. The fourth component of the project is design a monitoring and verification system. This will include the design of a national forest inventory and the development of algometric equations.