Examples of biodiversity-related climate funding initiatives are highlighted in Table 7.1. Most notable examples are the multilateral and bilateral initiatives to support REDD+ such as the Forest Carbon Partnership Facility (FCPF), UN-REDD Programme, Forest Investment Program (FIP), Amazon Fund, BioCarbon Fund, International Climate Initiative (ICI), International Climate and Forest Initiative (ICFI), and Global Climate Change Alliance (GCCA) (see Annex B for a short description of these). A total of USD 446 million has been approved and USD 252 million has been disbursed for REDD+ finance between 2008 and 2011, representing 13% of total climate finance (Heinrich Boll Stiftung and ODI, 2011). Buyers of verified emission reductions have demonstrated considerable interest in the co-benefits of carbon projects and in some cases are willing to pay a premium for them (Ecosecurities, 2009, Karousakis, 2009, Peters-Stanley et al.,