This paper summarises the current status of international public financial support and the progress made in the development of multilateral and bilateral delivery mechanisms for REDD+. The paper states that though it is difficult to evaluate the outcomes of specific financial support, the following lessons can be identified from early experience.

Improvements to reporting standards are required to facilitate transparency and accountability.
Clarity is needed on Annex II country (group of developed countries with an obligation to provide financial resources to developing countries under the United Nations Framework Convention on Climate Change) objectives and the appropriateness of the use of Overseas Delivery Assistance (ODA) budgets.
Improved coordination and harmonisation across funding mechanisms is necessary to limiting costs and maximising the achievement of synergies.
Further consideration is required regarding the rules and procedures appropriate to the environmental and social safeguards.
In terms of managing and administering Annex II country support, focus should be on the level of expertise and capacity required.
A greater degree of technical oversight assistance is needed from contributing governments without interfering with the recipient’s national sovereignty.
Better coordination within recipient countries is essential to maximise synergies and scale impact.
Credible signals regarding significant ongoing financial support are needed to ensure that lessons are learned and early efforts sustained.
More work is needed to ensure that the financial resources are deployed in a coherent manner to deliver impact.

Recommendations include the following.

Adopt consistent and mandatory reporting standards, definitions and requirements to be adhered to by all participants as part of harmonising them across funds for inclusiveness and transparency.
A deeper debate is required across multilateral and national trust funds regarding the disbursal rules and procedures appropriate to the variety of circumstances.
Utilising the early experience of the Amazon Fund and established institutions promotes cross-institution training and learning.
Recipient countries should establish a clear mandate and focal point to develop and manage a coordinated cross-ministerial strategy and implementation programme.
Annex II countries should allocate their outstanding pledged finance, committing significant financial support for faster moving forest countries.
The terms of existing funds should be reviewed to encourage and support activities which address the drivers of deforestation at scale and leverage private finance.