Adding to the REDD Finance Tool Box in: Greenhouse Gas Market 2013 10th Edition

Summary

Climate Focus contributes an article on REDD finance (p.113) for the 10th Edition of the IETA Greenhouse Gas Market 2013 Publication.
The publication brings together carbon market professionals, policymakers, academics and NGOs to provide in-depth analysis and perspective on the main issues affecting carbon policy worldwide.

There is little doubt that without significant reductions in emissions from deforestation and forest degradation (REDD), we will be unsuccessful in our goal to limit global warming to just 2°C. This paper argues that to achieve REDD we need to adopt a flexible and comprehensive approach towards REDD finance. We should draw from successful examples outside of the forest sector that have achieved significant results in the face of complex challenges. Ultimately, we should make full use of the range of options to mobilize private sector finance and expand our toolbox of policies and incentives to reduce emissions from deforestation and forest degradation.