Delivery Partners

The World Bank, the Inter-American Development Bank and United Nations Development Programme are Delivery Partners under the Readiness Fund and responsible for providing REDD+ readiness support services to distinct countries.

While the World Bank was initially the only eligible Delivery Partner for the FCPF Readiness Fund, the Participants Committee (PC) at its ninth meeting in June 2011 approved the Inter-American Development Bank (IDB) and the United Nations Development Programme (UNDP) to serve as Delivery Partners under the Readiness Fund. The United Nations Food and Agriculture Organization was approved to act as an additional Delivery Partner at PC10 in October 2011.

The Participants Committee approved the UNDP as the Delivery Partner under the FCPF for Cambodia, Central African Republic, Honduras, Panama, Paraguay, Papua New Guinea, and Suriname, and the IDB as the Delivery Partner for Guyana, Guatemala, and Peru. Transfer Agreements were signed between the World Bank, acting as the Trustee of the FCPF, and the UNDP on August 9, 2012, and between the World Bank and the IDB on October 9, 2012, respectively.

To ensure a uniform set of safeguard standards, the Common Approach to Environmental and Social Safeguards for Multiple Delivery Partners was also approved at the ninth FCPF PC meeting. The Common Approach is designed to provide the World Bank and the Multiple Delivery Partners with a common platform for risk management and quality assurance in the REDD+ Readiness Preparation process which is substantially equivalent to the World Bank's applicable policies and procedures on environmental and social safeguards, disclosure of information, and grievance and accountability mechanisms.