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The Little REDD Book gave me a jump-start when the Norwegian sponsored REDD program was initiated. When I heard that the Little Climate Finance Book was ready for launching, a hope for a wider understanding of the essence of financing, especially through cap and trade systems, was raised. The climate challenge is substantial, and predictable climate finance is essential in the search for a much-needed global solution. I would like to draw attention to a few observations.

The Critical Ecosystem Partnership Fund (CEPF) is designed to safeguard the world's biodiversity hotspots. CEPF is a joint initiative of Conservation International, l'Agence Française de Développement, the Global Environment Facility, the Government of Japan, the John D. and Catherine T. MacArthur Foundation, and the World Bank