REDD: Reducing Emissions from Deforestation and Degradation

United Nations Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries

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Concept

About the project Edit

Reducing Emissions from Deforestation and Forest Degradation (REDD) is an effort to create a financial value for the carbon stored in forests, offering incentives for developing countries to reduce emissions from forested lands and invest in low-carbon paths to sustainable development. "REDD+" goes beyond deforestation and forest degradation, and includes the role of conservation, sustainable management of forests and enhancement of forest carbon stocks.

In what ways is this project unique and creative? Edit

What is the social value of this project? Edit

In addition to receiving carbon offsets through a REDD+ mechanism, what are the other possible benefits that developing countries and local communities can experience from reducing deforestation and protecting forests?

Answer:
In addition to their carbon storage role, forests provide many other ecosystem services to society. The nature of these services varies from place to place, and includes water regulation, soil protection, non-timber forest products including food and fibre, climate regulation and biodiversity. As most tropical forests deliver a wide range of these essential services, there are many ways in which REDD+ can provide ecosystem and social benefits to countries and forest communities. The UN-REDD Programme continues to work in this area, examining and understanding the likely multiple benefits and risks associated with REDD+ initiatives before they are implemented.

What is the potential of this project to expand and develop? Edit

The proposed phases towards REDD+ implementation are:

Phase 1: Developing a REDD+ strategy supported by grants

Phase 2: Implementing a REDD+ strategy, supported by:

(a) grants or other financial support for capability building, and enabling policies and measures and
(b) payments for emission reductions measured by proxies.

Phase 3: Continued implementation of REDD+ strategy in the context of low-carbon development, payments for verified emission reductions and removals.

What was the triggering factor of this project? Edit

Deforestation and forest degradation, through agricultural expansion, conversion to pastureland, infrastructure development, destructive logging, fires etc., account for nearly 20% of global greenhouse gas emissions, more than the entire global transportation sector and second only to the energy sector.

It is now clear that in order to constrain the impacts of climate change within limits that society will reasonably be able to tolerate, the global average temperatures must be stabilized within two degrees Celsius. This will be practically impossible to achieve without reducing emissions from the forest sector, in addition to other mitigation actions.

What is the business model of this project? Edit


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