Recently, the organization Forest Trends launched REDDX, a site with the purpose of monitoring ?REDD+ (Reducing Emissions from Deforestation and Forest Degradation) financing from the primary donor to the final beneficiaries.
REDD X was built with the support of Ecodecisi?n, IDESAM ( Institute for Conservation and Sustainable Development of Amazonas) and NCRC ( The Nature Conservation Research Centre). REDD X also contains information on how and when the funds are spent in the countries surveyed – Hitherto Ecuador, Brazil, Ghana and Vietnam. The future goal is to expand to nine other countries.
To collect data, Forest Trends works in partnership with civil society groups, local and national focal points of REDD +, and other stakeholders that help review and analyze the data. Through this initiative, REDD X reveals the most efficient funding mechanisms, the distribution of funds ?among different types of institutions and the prioritized activities within each country. The site also seeks to encourage wider discussions on REDD + finance and emphasize the gaps in national and international REDD + policies.
Through REDDX, you can explore:
The amount of public and private funding compromissed for REDD + at the national level.
The flow of REDD + finance between donors and recipients.
Schedules between funds that are promised and then disbursed.
The types of REDD + activities with support in the country.