Addressing the Climate Crisis: Which Path for REDD+?

A significant issue yet to be resolved under the REDD+ discussions in the UNFCCC is the financing mechanism to be adopted. Following the COP 16 Agreement, many businesses, carbon brokers, financial institutions and some developed countries are strongly hoping that REDD+ would be in the carbon offsets system as they find it more economically profitable. This paper however supports a REDD+ mechanism that is based on the use of public funds, is focused on addressing the real drivers of deforestation and degradation, respects local community rights, improves forest governance and is implemented in tandem with real domestic emission cuts in the global north.

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