According to the bank, the objective of the project is to help Nicaragua become ready for future REDD+ implementation by preparing those key elements, systems, and/or policies needed, generally referred to as as the REDD+ Readiness Package, in a socially and environmentally sound manner.
REDD+ is an incentive developed under the United Nations Framework Convention on Climate Change (UNFCCC) to financially "reward" developing countries for their greenhouse gas emission reduction results from Deforestation and forest degradation, conservation of forest carbon stocks, sustainable management of forest and increase of forest carbon stocks.
ACCOUNTABILITY MECHANISM OF WORLD BANK
The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing email@example.com. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.