Forest Carbon Partnership Facility Conflicts of Interest FCPF - - PowerPoint PPT Presentation

Forest Carbon Partnership Facility

Conflicts of Interest

FCPF Carbon Fund Meeting (CF7) Paris, June 24-25, 2013

Overview

I. Objective II. Potential Conflicts of Interest

• III. Process
• IV. FCPF Charter Amendment

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Objective

• FCPF Carbon Fund (CF) Participants and/or FCPF Participants

Committee (PC) members (which are Donor Participants or CF Participants) may engage in other activities with respect to an ER Program (CF) or a Readiness Preparation Proposal/Readiness Package (PC) that may cause competing interests of such CF Participant(s)/PC member(s)

• The revised Conflicts of Interest provisions in the FCPF Charter

shall ensure that each such CF Participant/PC member who engages in such other activities:

• discloses its (potentially) competing interests to the Facility

Management Team (FMT) through email or other written electronic means and

• if so determined by the FMT (or confirmed by the CF/PC), recuses

itself from the deliberation, discussion and/or decision-making process under the CF/PC with respect to the affected ER Program or Readiness Preparation Proposal/Readiness Package, as applicable 3

Potential Conflicts of Interest

• Other activities with a potential of establishing competing interests

under the CF:

• direct involvement in preparation/implementation of ER Program

(including ER Program PIN and ER Program Document) or in designing ER Program;

• Engagement in separate ER transaction from the ER Program
• Other activities with a potential of establishing competing interests

under the PC:

• direct involvement in preparation/implementation of Readiness

Preparation Proposal/Readiness Package (REDD Activities)

• Failure to disclose such other activities to the FMT constitutes a

breach of the FCPF Charter

• FMT shall determine what remedies to exercise after consultation

with the other CF Participants/PC members

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Process

Potential Conflict of Interest (CF Participant/PC member) FMT FMT Disclosure under CF

(prior to CF review of ER Program)

Disclosure under PC

(prior to PC consideration of REDD Activities)

CF

inform

PC

inform

End of Process End of Process

Failure to disclose

Determination of remedies after consultation with CF/PC

(FMT)

CF Participant/ PC member recuses itself PC decides CF decides Determination that conflict of interest exists

(FMT) inform

CF Determination that no conflict

• f interest exists

(FMT) inform

CF

no

• bjection
• bjection

PC PC Determination that no conflict

• f interest exists

(FMT)

Determination that conflict of interest exists

(FMT) inform inform No

• bjection
• bjection

FCPF Charter Amendment

• FCPF Charter needs to be amended accordingly

(draft FCPF Charter Amendment has been posted on both C7/PC15 websites)

• FCPF Charter Amendment to be adopted by PC

Resolution

• Requires unanimous consent of PC members

plus

• 30-day no objection period for all other Participants
• PC Resolution to be drafted by PC Contact Group

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