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Choiseul PIN V1.0 12022013 2.13 SOURCES OF START-UP FUNDING IDENTIFIEDStart-­‐up funding is an internal issue for project developers. However, start-­‐up funding can be a significant hurdle for new projects as carbon finance only becomes available after technical specifications have been developed, community training undertaken, and multiple other costs such as hiring staff, travel and external consulting costs have been incurred. Therefore projects are encouraged to consider potential funding sources at an early stage. Source: 2010 Plan Vivo PIN Template, p7. In 2011 Live & Learn received USD249,700 in funding from the Asian Development Bank as part of its Mainstreaming Environment for Poverty Reduction funding stream. Within this funding, Live & Learn is to complete the following: • Community education on climate change and REDD+ and the development of a Facilitator’s guide for these purposes, • RAP study in target community, • Research into land tenure and carbon property rights, • Research into national governance arrangements for REDD+ • Source an appropriate MRV methodology for target site, and • Develop a draft PDD and REDD+ project design. These activities will be completed in August 2012 and cover a portion of required initial start-­‐up resources. This work in the Solomon Islands has received significant interest from international donors. Live & Learn is currently in discussion for the next phase of the project which will be full project implementation including the submission of a PDD and TS to Plan Vivo. It is likely that Live & Learn will secure this next stage of funding in 2013, a contract for ongoing work is currently in development with GIZ/SPC, and a concept proposal has been invited from ADB and is currently under consideration. A concept note has been accepted for consideration by UNDP GEF grants and a full proposal is now being prepared. Children – Nggoreambarra, South Choiseul (Weaver). 45