,i #aah? ,,congress #b;d ,session ,h4 ,r4 #ihfg ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,septemb] #bg1 #bjbd,mr4 ,hoy] introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,=eign ,affairs ,a ,,bill ,to e/abli% a v]ifiable int]national t]re/rial ecosy/em s]vices cons]vation program & provide int]national te*nical assi/ance = ! developm5t ( m>kets1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,combatt+ ,global ,de=e/ation ,act ( #bjbd4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,=e/s are a vital to ! ecological heal? ( ! ,e>?1 biodiv]sity1 ! protection ( wat] & soil quality1 ! prev5tion ( erosion & dang]\s l&slides1 ! production ( oxyg51 ! regulation ( c>bon dioxide 9 ! atmosph]e1 & ! regulation ( ! global sy/em4 7#b7 ,=e/s are a critical natural res\rce t1 :5 appropriately manag$ & cons]v$1 provide significant economic1 cultural1 heal?1 & community b5efits to humanity4 7#c7 ,s9ce ! />t ( ! #bj? c5tury1 an e/imat$ #c1ijj1jjj squ>e miles ( =e/ h be5 lo/ due to human activities1 includ+ l& conv]sions = agricultural production1 cattle ran*+1 logg+1 l& developm5t1 & extractive indu/rial activities su* z m9+ & fossil fuel extraction4 7#d7 ,s9ce #bjjj1 #bc p]c5t ( global tree cov]age loss has be5 ! result ( de=e/ation includ+-- 7,a7 #dh p]c5t 9 ,brazil2 7,b7 #ej p]c5t 9 ,arg5t9a2 7,c7 #hi p]c5t 9 ! ,philipp9es2 & 7,d7 #if p]c5t 9 ,indonesia4 7#e7 ,de=e/ation disproportionately affects-- 7,a7 critical habitats & ecosy/ems = critically endang]$ species su* z ,sumatran ,elephants & ,orangutans 9 ,indonesia2 7,b7 ! heal? & quality ( wat] res\rces ?r\gh ! alt]ation ( critical ecosy/em s]vices to hydrological sy/ems1 includ+ sl[+ /ormwat] run(f into surface wat]s & provid+ natural filtration = fall5 precipitation t infiltrates gr\ndwat] res\rces2 & 7,c7 approximately #cgj1jjj1jjj p 9 indig5\s communities t rely on naturally =e/$ l&s t are hi/orically & culturally significant & provide community & economic opportunities1 su/5ance1 m$ic9al res\rces & spiritual connection2 #c4 ,def9itions ,9 ?is ,act3 7#a7 ,additionality ,! t]m additionality means emissions r$uctions or o!r t]re/rial ecosy/em s]vices 9 develop+ c\ntries t w\ld n h occurr$ b = activities to r$uce gre5h\se gas emissions 9 p>tn] develop+ c\ntries fund$ & made possible by fund+ provid$ pursuant to section #e4 7#b7 ,appropriate local p>tn] ,! t]m appropriate local p>tn] means any relevant subnational gov]nm5t1 local au?ority1 indig5\s community1 non-gov]nm5tal entity1 or private l&[n] 9 a p>tn] develop+ c\ntry committ$ to & capable ( a*iev+ ! goals describ$ 9 section #d7;b74 7#c7 ,c\ntry ( conc]n ,! t]m c\ntry ( conc]n means ! gov]nm5t or rul+ p>ty ( any ( ! foll[+ c\ntries3 7,a7 ,! ,russian ,f$]ation4 7,b7 ,! ,p's ,republic ( ,*9a4 7,c7 ,! ,democratic ,p's ,republic ( ,korea4 7,d7 ,! ,islamic ,republic ( ,iran4 7,e7 ,! ,boliv>ian ,republic ( ,v5ezuela4 7,f7 ,! ,republic ( ,cuba4 7#d7 ,de=e/ation ,! t]m de=e/ation means a *ange 9 l& use1 includ+ =e/ fragm5tation & =e/ degradation1 f a =e/ to any o!r l& use4 7#e7 ,eligible project ,! t]m eligible project means a v]ifiable & measurable national or subnational activity develop$ or execut$ by ! c5tral gov]nm5t1 subnational gov]nm5t1 local au?ority1 indig5\s community1 non-gov]nm5tal entity1 private l&[n]1 or any gr\p ( su* p]sons 9 a p>tn] develop+ c\ntry t supports enhanc+ t]re/rial ecosy/em s]vices4 7#f7 ,emissions r$uctions ,! t]m emissions r$uctions means gre5h\se gas emissions r$uctions & increas$ seque/ration a*iev$ f-- 7,a7 r$uc$1 or avoid$ de=e/ation2 7,b7 re=e/ation2 7,c7 pres]vation ( t]re/rial ecosy/ems2 or 7,d7 enhancem5ts to t]re/rial ecosy/ems t w result 9 ! increas$ seque/ration ( gre5h\se gas emissions4 7#g7 ,=e/ degradation ,! t]m =e/ degradation means any r$uction 9 =e/ /ocks due to ! effects ( human l&-use activities1 includ+ l&-use *anges driv5 by human activity4 7#h7 ,nature-bas$ solution ,! t]m nature-bas$ solution means an activity )9 a p>tn] develop+ c\ntry to cons]ve1 re/ore1 or bett] manage =e/s & t]re/rial ecosy/ems to improve t]re/rial ecosy/em s]vices4 7#i7 ,outcome-ori5t$ assi/ance ,! t]m outcome-ori5t$ assi/ance means a me*anism = ! provision ( ,unit$ ,/ates assi/ance 9 :i*-- 7,a7 a p>tn] develop+ c\ntry1 or appropriate local p>tn] 9 a develop+ c\ntry1 assumes responsibility & mu/ demon/rate ! a*ievem5t ( measurable results1 or progress t[>ds ! a*ievem5t ( cons]vation goals1 t improve t]re/rial ecosy/em s]vices associat$ ) activities ( an eligible project2 7,b7 su* measurable results are def9$ & agre$ ^u 9 a multi-ye> agreem5t1 & describ$ 9 section #d7;d7 ( ?is ,act1 9 advance ( ! provision ( assi/ance by ! ,unit$ ,/ates = ! eligible project2 & 7,c7 su* assi/ance is exp5d$ to su* develop+ c\ntry or appropriate local p>tn] only ^u indep5d5t v]ification ( su* pre-def9$ results4 7#aj7 ,p>tn] develop+ c\ntry ,! t]m p>tn] develop+ c\ntry means-- 7,a7 a c\ntry eligible to receive (ficial developm5t assi/ance accord+ to ! income guidel9es ( ! ,developm5t ,assi/ance ,committee ( ! ,organisation = ,economic ,co-op]ation & ,developm5t2 or 7,b7 any o!r c\ntry id5tifi$ by ! ,secret>y ) globally significant =e/s or t]re/rial ecosy/ems ! loss ( :i* is1 or has ! pot5tial to1 significantly contribute to ! loss ( t]re/rial ecosy/em s]vices4 7#aa7 ,program ,! t]m ,program means ! program e/abli%$ pursuant to section #d7;a74 7#ab7 ,t]re/rial ecosy/ems 7,a7 ,9 g5]al ,! t]m t]re/rial ecosy/ems means naturally occurr+ grassl&s1 =e/s1 tropical ra9=e/s1 mangroves1 peatl&s1 or wetl&s compris$ ( native species g5]at$ & ma9ta9$ prim>ily ?r\gh natural ecological & evolution>y processes4 7,b7 ,exclusion ,! t]m t]re/rial ecosy/ems does n include tree plantations1 su* z crops ( trees plant$ by humans prim>ily = ! purposes ( h>ve/+4 7#ac7 ,t]re/rial ecosy/ems s]vices ,! t]m t]re/rial ecosy/ems s]vices means ! direct & indirect b5efits t t]re/rial ecosy/ems provide to humans1 includ+-- 7,a7 mat]ial or en]gy outputs f an ecosy/em1 includ+ food1 =age1 fib]1 fre% wat]1 & o!r res\rces2 7,b7 b5efits obta9$ ?r\gh mod]ation or control ( ecosy/em processes1 includ+ regulation ( local climate1 air quality1 wat] quality1 soil quality1 emission r$uctions1 natural c>bon seque/ration1 flood control1 erosion control1 disease control1 & poll9ation2 7,c7 ma9t5ance ( fundam5tal ecosy/em processes1 su* z habitat = plants & wildlife1 or ! ma9t5ance ( g5etic & biological div]sity2 & 7,d7 non-mat]ial b5efits provid$ to human societies & culture1 includ+ opportunities = recreation1 t\rism1 ae/hetic or arti/ic appreciation1 & spirituality4 7#ad7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,/ate4 #d4 ,v]ifi$ ,int]national ,=e/ ,ecosy/em ,s]vices ,cons]vation ,program 7a7 ,9 g5]al ,! ,secret>y %all e/abli% a program1 to be kn[n z ! ,v]ifi$ ,int]national ,=e/ ,ecosy/em ,s]vices ,cons]vation ,program4 7b7 ,purpose ,! purpose ( ! ,program %all be-- 7#a7 to enhance ef=ts to halt t]re/rial ecosy/em degradation & loss1 & increase t]re/rial re/oration at scale2 7#b7 to provide cont+5t outcome-ori5t$ assi/ance = ! a*ievem5t ( eligible projects 9 p>tn] develop+ c\ntries ?r\gh inc5tives & assi/ance to halt t]re/rial ecosy/em loss2 & 7#c7 to enhance re/oration ( t]re/rial ecosy/ems4 7c7 ,implem5tation ,! ,secret>y %all develop ! crit]ia1 guidel9es1 & processes necess>y to implem5t ! ,program4 7d7 ,goals ,9 c>ry+ out ! program e/abli%$ pursuant to subsection 7a71 ! ,secret>y %all "w ) ! gov]nm5ts ( p>tn] develop+ c\ntries & appropriate local p>tn]s to id5tify1 develop1 & implem5t eligible projects t w or h ! pot5tial-- 7#a7 to help p>tn] develop+ c\ntries meet _! =e/ cons]vation & re/oration goals1 includ+ ef=ts to a*ieve emissions r$uctions & enhance net natural seque/ration capacity associat$ ) de=e/ation2 7#b7 to enhance t]re/rial ecosy/em s]vices2 7#c7 to improve natural habitat = species2 7#d7 to pres]ve culturally & ecologically unique =e/$ l&s1 includ+ =e/s conta9+ r>e1 ?reat5$1 or endang]$ plant species2 7#e7 to contribute to coop]ative ef=ts to cons]ve & re/ore natural =e/s & o!r t]re/rial ecosy/ems t provide local1 regional1 & global environm5tal & heal? b5efits2 7#f7 to provide a c\nt]balance to inve/m5ts f any c\ntry ( conc]n 9 activities t utilize de/ructive indu/rial practices t degrade or de/roy natural =e/s & o!r t]re/rial ecosy/ems 9 p>tn] develop+ c\ntries2 & 7#g7 to r$uce illegal de=e/ation4 7e7 ,outcome-,ori5t$ assi/ance 7#a7 ,9 g5]al ,an eligible project %all qualify = outcome-ori5t$ assi/ance "u ! ,program if-- 7,a7 9 ! det]m9ation ( ! ,secret>y1 ! p>tn] develop+ c\ntry or appropriate local p>tn] w be able to fulfill its obligations "u a multi-ye> agreem5t describ$ 9 subsection 7d7 9 support ( an eligible project ?r\gh ! ,program1 includ+ 7z applicable7 ) respect to-- 7i7 /&>ds ( gov]nance & respect = rule ( law 9 ! p>tn] develop+ c\ntry2 7ii7 environm5tal & social safegu>ds2 & 7iii7 safegu>d+ aga9/ ! pot5tial = corruption or misuse ( assi/ance provid$ "u ?is section2 7,b7 ! eligible project is appropriately design$ to use outcome-ori5t$ assi/ance2 7,c7 ! p>tn] develop+ c\ntry or appropriate local p>tn]1 z applicable1 agrees-- 7i7 to abide by transp>5cy requirem5ts ) respect to ! use ( funds receiv$ "u ! program e/abli%$ pursuant to subsection 7a72 7ii7 to fulfill measur+1 report+1 & v]ification requirem5ts1 includ+ indep5d5t ?ird-p>ty v]ification1 necess>y to provide outcome-ori5t$ assi/ance2 7iii7 to report publicly any data ) respect to de=e/ation associat$ emissions r$uctions a*iev$ "u su* program1 9 accordance ) report+ requirem5ts ( or commitm5ts ( a p>tn] develop+ c\ntry "u relevant int]national agreem5ts2 7iv7 to ensure t wom51 indig5\s communities1 & o!r local /akehold]s1 z applicable1 are emp[]$ & enabl$ to mean+fully p>ticipate 9 ! developm5t1 implem5tation1 & pot5tial b5efits ( ! eligible project2 & 7v7 to disclose any debt ! applicant may owe to any entity kn[n to be own$ or controll$ by a c\ntry ( conc]n1 includ+ loan am\nts1 duration1 rates1 & contractual provisions2 7,d7 ! eligible project enhances t]re/rial ecosy/ems 9 a mann] t c be v]ifi$ & realizes outcomes t may contribute to meet+ ! relevant int]national commitm5ts ( ! p>tn] develop+ c\ntry2 & 7,e7 ) respect to subp>agraph 7,c77v71 ! p>tn] develop+ c\ntry or appropriate local p>tn] agrees t ! assi/ance provid$ "u ?is section may n be us$ to amortize any loan pr9cipal ow$ to any entity kn[n to be own$ or controll$ by ! c\ntry ( conc]n4 7#b7 ,impact ( indig5\s communities ,! pres5ce ( indig5\s communities subsi/+1 & engag+ 9 su/a9able economic activities1 on ! l&s ( an eligible project %all n-- 7,a7 be infr+$ by activities conduct$ 9 association ) an eligible project2 or 7,b7 impact ! qualification ( an eligible project4 7#c7 ,additional economic activity ,any additional economic activity pursu$ on ! l&s ( an eligible project may be p]missible if su* activities are c>ri$ out 9 accordance ) ! goals describ$ 9 subsection 7d74 7#d7 ,additional =ms ( qualification = outcome-ori5t$ assi/ance ,not)/&+ p>agraph 7#a71 an eligible project may qualify = outcome-ori5t$ assi/ance "u ?is subsection if-- 7,a7 ! eligible project includes a comb9ation or aggregation ( exi/+ activities t align ) ! goals describ$ 9 subsection 7d7 su* t ! total ( su* projects contributes to ! full national or1 on an int]im basis1 subnational t]ritory 9 ! p>tn] develop+ c\ntry2 or 7,b7 ! eligible project is ne/$ into ! acc\nt+ & report+ ( an exi/+ national or sub-national program or activity 9 ! p>tn] develop+ c\ntry1 includ+ ) reg>d to safegu>d requirem5ts & any transf] ( v]ifiable environm5tal cr$its t qualify = use or transf] "u int]nationally recogniz$ sy/ems t may meet ! int]national environm5tal commitm5ts ( ! p>tn] develop+ c\ntry1 )\t reg>d to :e!r ! eligible project is bel[ ! subnational level or scale4 7#e7 ,private or p>tn] c\ntry contribution support requirem5t 7,a7 ,9 g5]al ,outcome-ori5t$ assi/ance %all only be grant$ to eligible projects t secure additional fund+ f s\rces o!r ?an ! ,unit$ ,/ates ,gov]nm5t 9 an am\nt t is n less ?an ! #aj p]c5t ( ! am\nt det]m9$ to be provid$ out ( ! fund e/abli%$ "u subsection 7h7 = ! eligible project bas$ on ! t]ms ( ! multi-ye> agreem5t ( su* eligible project 7,b7 ,private p>tn]s ,! ,secret>y is enc\rag$-- 7i7 to include private sector p>tn]s z support]s ( eligible projects2 & 7ii7 to facilitate ! security ( f9ancial commitm5ts f private contributions1 :i* %all be c\nt$ t[>d ! requirem5t "u subp>agraph 7,a7 = an eligible project4 7#f7 ,p>tn]%ips ) multilat]al programs ,! ,secret>y may p>tn] ) multilat]al or multi-donor programs to jo9tly support an eligible project "u ?is subsection4 7#g7 ,d\ble c\nt+ ( assi/ance ,! ,secret>y %all take su* /eps z may be necess>y-- 7,a7 to prev5t ! d\ble c\nt+ (1 or d\ble paym5t =1 results f eligible projects t also may receive funds f o!r s\rces1 includ+ 9 accordance ) relevant int]national guidel9es & rules2 & 7,b7 to ensure t ! assi/ance provid$ "u ?is section & eligible projects are int]op]able & d n supplant or compete ) ! a*ievem5t ( c\ntry-level commitm5ts "u int]national agreem5ts4 7f7 ,multi-,ye> agreem5ts gov]n+ ! provision ( outcome-,ori5t$ assi/ance 7#a7 ,9 g5]al ,^u det]m9+ t an eligible project qualifies = outcome-ori5t$ assi/ance1 ! ,secret>y is au?oriz$ to ent] into a multi-ye> agreem5t ) a p>tn] develop+ c\ntry1 or appropriate local p>tn]s 9 ! p>tn] develop+ c\ntry1 to det]m9e ! t]ms & conditions = :i* ! provision ( outcome-ori5t$ assi/ance1 9 ! =m ( grants f ! fund e/abli%$ 9 subsection 7h71 may be adm9i/]$ to support an eligible project4 7#b7 ,prioritization ,! ,secret>y is enc\rag$ to prioritize consid]ation ( ent]+ multi-ye> agreem5ts = eligible projects t w\ld directly or indirectly combat illegal de=e/ation or c\nt] malici\s influ5ce f a c\ntry ( conc]n 9 a p>tn] develop+ c\ntry4 7#c7 ,?ird-p>ty lev]age ( funds ,! ,secret>y is enc\rag$ to prioritize ent]+ multi-ye> agreem5ts = eligible projects t include t]ms t lev]age fund+ f non-pr(its1 bus9esses1 o!r develop$ c\ntries1 & multilat]al f9anc+ & developm5t ag5cies4 7#d7 ,additional economic activities )9 an eligible project ,multi-ye> agreem5ts %all-- 7,a7 p]mit economic activities )9 ! area ( an eligible project2 & 7,b7 seek assurances t ! conduct ( su* economic activities does n degrade ! effectiv5ess ( an eligible project 9 accordance ) ! goals describ$ 9 subsection 7d74 7#e7 ,t]ms ,9 negotiat+ multi-ye> agreem5ts "u ?is subsection1 ! ,secret>y %all d ! foll[+3 7,a7 ,reciprocal commitm5t ,! ,secret>y %all take /eps to ensure t ! p>tn] develop+ c\ntry or appropriate local p>tn]s 9 ! p>tn] develop+ c\ntry1 z applicable1 reciprocate ! commitm5ts to a*iev+ ! goals describ$ 9 subsection 7d74 7,b7 ,duration ( agreem5t ,! ,secret>y-- 7i7 %all negotiate & rea* a mutually agre$ ^u t]m-l5g? = ea* multi-ye> agreem5t2 7ii7 may r5egotiate & re-ent] a multi-ye> agreem5t prior to or aft] ! t]ms & dates ( ! multi-ye> agreem5t expire2 & 7iii7 %all seek assurances t ! agre$ ^u goals & objectives = enhanc+ t]re/rial ecosy/em s]vices a*iev$ ?r\gh ! relevant eligible project w la/ 9 p]petuity4 7,c7 ,"r to title ,! ,secret>y may negotiate = ! ,unit$ ,/ates to own & control title to ! gre5h\se gas emission r$uctions associat$ ) ! activities ( an eligible project = ! purposes ( c\nt+ su* r$uctions t[>d ! int]national emission r$uction commitm5ts ( ! ,unit$ ,/ates4 7#f7 ,t]m9ation ,an agreem5t "u ?is subsection may be unilat]ally t]m9at$ by ! ,secret>y if-- 7,a7 ! ,secret>y det]m9es t ! p>tn] develop+ c\ntry or a appropriate local p>tn] is fail+ or has fail$ to uphold ! t]ms & conditions e/abli%$ = ! eligible project2 or 7,b7 ! ,secret>y-- 7i7 det]m9es t ! eligible project is n 9 ! national int]e/ ( ! ,unit$ ,/ates2 & 7ii7 submits to ,congress a notification ( su* det]m9ation4 7g7 ,reviews & reports 7#a7 ,p]iodic reviews ,! ,secret>y %all p]iodically review & evaluate ! progress ( eligible projects-- 7,a7 to ensure t eligible projects are proce$+ successfully & appropriately ma9ta9$2 7,b7 to acc\nt = & adapt to ext]nalities t c\ld prev5t an eligible project f meet+ its objectives2 & 7,c7 to advise propon5ts ( an eligible projects 9 plann+ & execut+ ! eligible project 9 accordance ) ?is ,act4 7#b7 ,transp>5cy ,! ,secret>y %all-- 7,a7 make publicly available a li/ ( funds made available "u ! ,program2 & 7,b7 update on an annual basis ! progress or any lack ( progress 9 ! implem5tation ( ! eligible projects correspond+ to su* funds & ! a*ievem5t ( ! goals describ$ 9 subsection 7d74 7#c7 ,publi%$ c]tification ( p>tn]%ip ,! ,secret>y %all annually publi% & provide c]tificates ( contribution to private donors t contribute funds t support eligible projects detail$ 9 multi-ye> agreem5ts t include-- 7,a7 ! am\nt ( funds ! private donor contribut$ to ! eligible project = ea* cal5d> ye> t funds 7 provid$2 7,b7 ! location ( ! eligible project includ+ c\ntry & region2 7,c7 ! p>tn] develop+ c\ntry or appropriate local p>tn] t is signatory to ! multi-ye> agreem5t = :i* ! private donor is contribut+ funds = "w on an eligible project2 & 7,d7 a summ>y ( ! environm5tal impact ( ! eligible project includ+-- 7i7 ! size 9 acres ( t]re/rial ecosy/ems t are be+ protect$ or re/or$2 7ii7 ! significance ( su* protect$ or re/or$ t]re/rial ecosy/ems2 & 7iii7 ! v]ifi$ am\nt ( c>bon seque/]$ by ! support$ project4 7h7 ,duplication ( ef=ts ,9 c>ry+ out ! program "u ?is section1 ! ,secret>y %all consult z appropriate ) ! ,adm9i/rator ( ! ,unit$ ,/ates ,ag5cy = ,int]national ,developm5t to avoid duplicative =eign aid ef=ts1 p>ticul>ly = cons]vation funds4 7i7 ,tru/ fund ,!re is e/abli%$ 9 ! ,treasury ( ! ,unit$ ,/ates a fund to be kn[n z ! ,v]ifi$ ,int]national ,t]re/rial ,ecosy/em ,s]vices ,cons]vation ,fund1 :i* %all consi/ (-- 7#a7 am\nts appropriat$ pursuant to ! au?orization 9 subsection 7j77#a7 to c>ry out ?is section2 & 7#b7 su* gifts1 beque/s1 or devises ( prop]ty = ! b5efit (1 or 9 connection ) c>ry+ out ?is section z ! ,secret>y may accept 9 ! =m ( donations by individuals or entities1 includ+ private entities1 non-pr(it entities1 o!r develop$ c\ntries1 & mult9ational entities4 7j7 ,au?orization ( appropriations 7#a7 ,au?orization ,!re is au?oriz$ to be appropriat$ to c>ry out ?is section-- 7,a7 #hge1jjj1jjj = fiscal ye> #bjbd2 7,b7 #hge1jjj1jjj = fiscal ye> #bjbe2 7,c7 #hge1jjj1jjj = fiscal ye> #bjbf2 & 7,d7 #hge1jjj1jjj = fiscal ye> #bjbg4 7#b7 ,availability ,am\nts appropriat$ to c>ry out ?is section are au?oriz$ to rema9 available until exp5d$ & %all be us$ solely = ! purposes ( ?is section4 7#c7 ,sal>ies & exp5ses ,( ! am\nts made available = any fiscal ye> pursuant to ! au?orization "u p>agraph 7#a71 n m ?an #d1jjj1jjj is au?oriz$ to be made available = ! sal>ies & exp5ses to c>ry out ?is section4 7k7 ,natural =e/ ref]5ce basel9e = eligible projects 7#a7 ,proposals = natural =e/ ref]5ce basel9e 7,a7 ,9 g5]al ,to receive outcome-ori5t$ assi/ance "u ?is section = an eligible project qualifi$ to receive outcome-ori5t$ assi/ance pursuant to subsection 7e71 a p>tn] develop+ c\ntry or appropriate local p>tn] %all submit to ! ,secret>y a proposal = a =e/ ref]5ce level basel9e t is cr$ible1 transp>5t1 accurate1 & cons]vatively evaluates & e/abli%es a =e/ ref]5ce level basel9e ( an eligible project 9 accordance ) ! crit]ia e/abli%$ by ! ,secret>y "u p>agraph 7#b74 7,b7 ,det]m9ation by ,secret>y 7i7 ,9 g5]al ,aft] receipt ( a proposal "u subp>agraph 7,a71 ! ,secret>y %all det]m9e :e!r ! =e/ ref]5ce level basel9e meets ! crit]ia "u p>agraph 7#b74 7ii7 ,provision ( outcome-ori5t$ assi/ance approv$ =e/ ref]5ce level basel9e ,if ! ,secret>y det]m9es "u clause 7i7 t ! propos$ =e/ ref]5ce level basel9e meets ! crit]ia "u p>agraph 7#b71 ! ,secret>y may provide outcome-ori5t$ assi/ance = su* eligible project to ! develop+ c\ntry or appropriate local p>tn] 9 accordance ) ?is section4 7iii7 ,failure to meet crit]ia 7,i7 ,9 g5]al ,if ! ,secret>y det]m9es "u clause 7i7 t ! propos$ =e/ ref]5ce level basel9e does n meet ! crit]ia "u p>agraph 7#b71 ! ,secret>y may negotiate ) ! p>tn] develop+ c\ntry or appropriate local p>tn] to rea* an agreem5t on a =e/ ref]5ce level basel9e = ! eligible project 9 accordance ) p>agraph 7#b74 7,,ii7 ,provision ( outcome-ori5t$ assi/ance = agre$ =e/ ref]5ce level basel9e ,once an agreem5t has be5 rea*$ "u subclause 7,i71 ! ,secret>y may provide outcome-ori5t$ assi/ance = ! eligible project to ! develop+ c\ntry or appropriate local p>tn] 9 accordance ) ?is section4 7#b7 ,basel9e crit]ia ,! ,secret>y %all e/abli% crit]ia = ea* =e/ ref]5ce level basel9e propos$1 :i* %all include requirem5ts t ! =e/ ref]5ce level basel9e-- 7,a7 is us$ to acc\nt = ! net size ( =e/$ l&s or significant naturally vegetat$ l&s a*iev$ f ! eligible project2 7,b7 is national1 or subnational on an int]im basis1 9 scope2 7,c7 is consi/5t ) ! environm5tal /ew>d%ip commitm5ts1 t>gets1 or actions t are appropriate = ! p>tn] develop+ c\ntry ) respect to combatt+ de=e/ation or loss ( t]re/rial ecosy/em s]vices-- 7i7 tak+ into consid]ation ! av]age annual hi/orical emissions & removals associat$ ) ! =e/s1 & o!r t]re/rial ecosy/ems1 z applicable1 ( ! p>tn] develop+ c\ntry dur+ a p]iod ( at lea/ #e ye>s2 & 7ii7 if appropriate1 us+ ! relevant #bjjf ,,ipcc ,guidel9es = ,national ,gre5h\se ,gas ,inv5tories publi%$ by ! ,int]gov]nm5tal ,panel on ,climate ,*ange to det]m9e applicable driv]s ( de=e/ation & l& use conv]sion2 7,d7 e/abli%es a trajectory t w\ld result 9 z]o net de=e/ation by n lat] ?an #aj ye>s aft] ! date on :i* ! basel9e is e/abli%$2 7,e7 is updat$ n less frequ5tly ?an once e #e ye>s to acc\nt = *ang+ circum/ances 9 ! develop+ c\ntry2 7,f7 acc\nts = ! size ( =e/$ areas bas$ on-- 7i7 rema9+ natural =e/ l&2 7ii7 conv]sions ( o!r l&s to or f natural =e/ l&2 & 7iii7 any o!r l&-use category e/imat$ to contribute at lea/ #aj p]c5t ( agriculture1 =e/ry1 & o!r l& use emissions 9 ! project area2 & 7,g7 takes into consid]ation exi/+ or plann$ t]re/rial ecosy/em s]vices or =e/ cons]vation or re/oration projects z describ$ 9 subsection 7e7 9 a p>tn] develop+ c\ntry & ! effect ^? projects might h 9 det]m9+ protection or re/oration activities ) respect to t]re/rial ecosy/em s]vices & e/abli%+ a =e/ ref]5ce level basel9e = eligible projects fund$ "u ?is ,act4 #e4 ,nature-bas$ solutions 7a7 ,9 g5]al ,! ,adm9i/rator ( ! ,unit$ ,/ates ,ag5cy = ,int]national ,developm5t1 9 consultation ) ! ,secret>y1 %all conduct a program to provide te*nical assi/ance to build ! capacities ( p>tn] develop+ c\ntries & appropriate local p>tn]s to improve cons]vation1 natural =e/ managem5t1 & re/oration ( natural =e/s & o!r t]re/rial ecosy/ems = ! purposes (-- 7#a7 enhanc+ ! t]re/rial ecosy/em s]vices & su/a9able economic value ( su* natural res\rces2 & 7#b7 facilitat+ ! prep>ation ( eligible projects 9 accordance ) section #d4 7b7 ,eligible activities ,9 conduct+ ! program describ$ 9 subsection 7a71 ! ,adm9i/rator ( ! ,unit$ ,/ates ,ag5cy = ,int]national ,developm5t may provide te*nical support to p>tn] develop+ c\ntries & appropriate local p>tn]s = ! foll[+ activities3 7#a7 ,r$uc+ de=e/ation relat$ emissions1 =e/ fragm5tation1 & =e/ degradation ( significant =e/s )9 a p>tn] develop+ c\ntry4 7#b7 ,enhanc+ ! natural c>bon seque/ration ability ( ! natural =e/s & ! t]re/rial ecosy/em s]vices ( a pot5tial eligible project )9 a p>tn] develop+ c\ntry1 & build+ resili5ce4 7#c7 ,monitor+1 report+1 & v]ification ( ! environm5tal1 social1 & f9ancial quality & integrity ( ! project z an important compon5t ( ! "w4 7#d7 ,assi/+ gov]nm5ts1 will+1 legitimate l&[n]s1 or will+ cu/om>y use rights hold]s 9 develop+ projects to engage 9 cons]vation cr$it m>kets ?r\gh-- 7,a7 ! implem5tation ( sci5ce-bas$ metrics = det]m9+ t cons]vation activities h g5]at$ v]ifiable environm5tal cr$its t may be sold to buy]s on exi/+ cons]vation compliance m>kets2 or 7,b7 projects provid+ outcome-ori5t$ assi/ance4 7#e7 ,develop+ dome/ic infra/ructure & capacity build+ = creat+ & track+ cons]vation cr$its1 su* z regi/ries or projects eligible = outcome-ori5t$ assi/ance1 & prep>+ c\ntries to implem5t nature-bas$ solution initiatives4 7#f7 ,ensur+ t wom51 ,indig5\s ,communities1 & o!r local /akehold]s are emp[]$ & enabl$ to mean+fully p>ticipate & %>e 9 ! pot5tial b5efits ( activities fund$ "u ?is section4 7#g7 ,ensur+ ! additionality ( projects1 programs1 & o!r activities made possible by fund+ provid$ pursuant to ?is section4 7c7 ,au?orization ,!re is au?oriz$ to be appropriat$ #aj1jjj1jjj to c>ry out ?is section4