- Evaluation Plan:
- 2019-2023, Cambodia
- Evaluation Type:
- Final Project
- Planned End Date:
- 11/2020
- Completion Date:
- 11/2020
- Status:
- Completed
- Management Response:
- No
- Evaluation Budget(US $):
- 35,000
Final Evaluation: Forest Carbon Partnership Facility Phase 2
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Title | Final Evaluation: Forest Carbon Partnership Facility Phase 2 | ||||||
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Atlas Project Number: | 00091590,76292 | ||||||
Evaluation Plan: | 2019-2023, Cambodia | ||||||
Evaluation Type: | Final Project | ||||||
Status: | Completed | ||||||
Completion Date: | 11/2020 | ||||||
Planned End Date: | 11/2020 | ||||||
Management Response: | Yes | ||||||
Focus Area: |
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Corporate Outcome and Output (UNDP Strategic Plan 2018-2021) |
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SDG Goal |
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SDG Target |
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Evaluation Budget(US $): | 35,000 | ||||||
Source of Funding: | Project Budget | ||||||
Evaluation Expenditure(US $): | 24,400 | ||||||
Joint Programme: | No | ||||||
Joint Evaluation: | No | ||||||
Evaluation Team members: |
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GEF Evaluation: | No | ||||||
Key Stakeholders: | |||||||
Countries: | CAMBODIA |
Lessons | |
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Findings |
Recommendations | |
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1 | ENDORSEMENT OF THE ACTION & INVESTMENT PLAN FOR THE IMPLEMENTATION OF NATIONAL REDD+ STRATEGY (AIP-NRS) The success of REDD+ will require access to sustainable finance. The NRS-AIP is a commendable milestone, which provides a clear platform for financial resource mobilization. Finalization (specifically for the financial mechanism) and endorsement of this document should be considered a high priority to build confidence among potential funding providers. |
2 | FINALIZATION AND ADOPTION OF THE REGULATORY FRAMEWORK FOR REDD+ PROJECTS (PRAKAS & GUIDELINE) Clear rules and methodologies for carbon accounting, a fair system to share REDD+ benefits among various stakeholders, and a registry or database to keep track of REDD+ emission reductions at multiple spatial scales, the designed “nested” system will build confidence to attract private finance for forest conservation and enable carbon crediting at multiple scales (project, subnational, national). Finalization and endorsement of the Regulatory Framework for REDD+ Projects (Prakas) will be instrumental to unlock private finance for REDD+ actions and should be considered an important priority. |
3 | ENDORSEMENT OF THE REFORMED INSTITUTIONAL ARRANGEMENT FOR REDD+ IMPLEMENTATION. Efforts to generate sustainable funding must be coupled with efforts to build a supportive institutional framework. With the creation and staffing of technical units within the RTS, the RGC would invest its own financial and human resources, and therefore, demonstrate a real ambition to achieve REDD+ objectives, which will, in return, build trust and attract investments from potential investors and donors. |
4 |
The absence of an NFI has been pointed out by many stakeholders, including development partners. Understandably, NFIs are costly exercises. However, there would be immense benefits in developing a multi-purpose NFI which can provide useful information for economic planning and investment decisions as well as data on biodiversity indicators and forest health. The Monitoring and Evaluation (M&E) Framework for the NRS-AIP mentions NFI as one of the indicators related to forest and land use data management systems, but there is no explicit budget line for the NFI. The NRS-AIP is an opportunity where financing the NFI could be considered. |