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Investor Presentaiton

10 REDD+ in the State of Acre - Brazil SISA - an innovative REDD+ framework REDD+ in the State of Acre - Brazil 11 Institutional basis for REM implementation Within the framework of SISA, REM is implemented by the State Department of Environment (SEMA) through the Institute of Climate Change and Environmental Services Regulation (IMC) and the State Forest Fund (FEF). The IMC, a line agency of the SEMA, is in charge of SISA's coordination. The FEF has been the financial mechanism administering REM funds. At the in- struction of the SISA-REM executive committee, the FEF signed cooperation agreements and contracts with implementing agen-cies in government, NGOs and smallholder organizations as a basis for the transfer of funds, linking different programmes and approaches. In some cases, calls for proposals have been organized. The fund distribution is undertaken on a program-matic basis, guided by the benefit-sharing scheme agreed between REM and Acre's State government (see p. 16-18) and approved by CEVA. The CEVA (State Commission for Validation and Monitoring), a participatory governance body, plays a pivotal role within the SISA. It has the authority to approve investment and operational plans, monitors the overall SISA implementation and provides a platform for the inputs from different working groups (Indige-nous Peoples' and Women's WG). Furthermore, the SISA also instituted a formal Grievance Mechanism (Ombudsman Office). CDSA (State Company for the Development of Environmental Services) develops new investment and fundraising strategies for the SISA in close collaboration with public and private insti-tutions. It is also in charge of Acre's registry of emission re-duction units. The overall implementation of SISA and REM has been supervised by an executive committee, composed of IMC, FEF, CDSA, the State Attorney's Office as well as the Gover-nor's Office and is monitored by CEVA. So far, 121 implementation agreements have been signed, 52 with government agencies, 4 with NGOs and 65 with producer organizations/ cooperatives. SISA's simplified governance structure Social control and validation CEVA, Indigenous WG, Women's WG, Ombudsman Monitoring and regulation IMC, Scientific Committee Environmental Services (SISA - Sistema Estadu- Acre's particular distinction as an "early mo- government established the Incentive System for ver" lies in its long-term experience of integra- ting intersectoral policies and pro-grammes wi- thin a pro-forest land-use planning approach. In 2010, building on a policy framework focused on the respon-sible use of resources and incen- tives for sustainable develop-ment, Acre's State al de Incen-tivos a Serviços Ambientais) with the objective to conserve and recover a broad array of environmental services. The first pro-gramme to be operationalized is the "ISA-Carbon pro- gramme", directly linked to REDD+. Implementation and benefit sharing CDSA, FEF Legal guidance and policy design State Attoorney, Governor's Office
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