9. [The full implementation phase of [strategies and actions] [activities] in developing country Parties referred to in paragraphs 2 and 5 above, including early actions, [should][shall][be supported by] [should be financed by]]
[Option 1
the use of public funds, through one or more of the following approaches:
(a) Specialized REDD-plus funds or funding windows established under the COP, including one or more of:
(i) Trust funds for community forestry accounts;
(ii) Forest reserve fund for conservation and sustainable forest management;
(b) A Convention adaptation fund to support conservation and [sustainable management of forests][sustainable forest management].]
[Option 2
access to and use of markets:
(a) through issuance of carbon credits [tradable emission reduction or removal units] for emission reductions resulting from reduced deforestation and forest degradation, [and for conservation and for removals resulting from enhancement of carbon stocks in existing forest;]
(b) or [through allocation of assigned amount units from the respective allocations to relevant Parties].]
[Option 3
A [flexible] combination of market approaches and funds, depending on host countries’ preferences for actions referred to in paragraph 2 above, such as:
(a) A fund [additional to ODA] for [conservation, enhancement of carbon stocks, sustainable management of forests, reducing emissions from deforestation and forest degradation] [, stabilization of forest cover, conservation and maintenance of carbon stocks through sustainable forest management] [, reducing emissions through sustainable land management practices, including forest conservation, sustainable forest management, the avoidance of deforestation, afforestation and sustainable agriculture;] [,capacity-building, technology transfer, policy implementation, etc;]
(b) A market-based mechanism for [supporting enhancement of carbon stocks through sustainable forest management, reduced emissions from deforestation and forest degradation] [, certified emission reductions to contribute to compliance with part of the countriesÂ’ quantified emission limitation and reduction commitments under the Convention].]
See footnote below1
