In Malaysia, REDD Plus supports the vital role its forests play in climate change mitigation, contributing to the reduction of GHG emissions. REDD Plus activities in Malaysia will also recognise the importance of forests in conserving biodiversity and providing ecological services, which in turn support the provision of adaptation benefits for society. REDD Plus activities in Malaysia are implemented through a phased approach, building upon existing systems and national priorities while considering cost-effective implementation. Sustainable management of forests is key to Malaysia’s REDD Plus approach – this practice promotes transitions from managing forest for its resources to managing forest for its natural capital.
REDD Plus in Malaysia
As part of Phase 1, to meet the requirements of the Warsaw Framework , Malaysia has achieved the following milestones:
Once the MY-SIS is fully implemented, Malaysia is ready to progress to Phase 2, which is the demonstration phase. In Phase 2, Malaysia implements all the four components of the Warsaw Framework it has developed in Phase 1. After completing Phase 2, Malaysia will then be eligible to apply for results-based payments (RBPs) based on actions that have been fully measured, reported and verified (MRV), and the submission of its most recent Summary of Information (SOI) to demonstrate how all the Cancun Safeguards have been addressed and respected in the context of the results-based actions for which the RBPs are being claimed (as per paragraph 4 of Decision 9/CP.19).
For further information, please visit REDD Plus Malaysia website