Emerging compliance markets for REDD+: An Assessment of Supply and Demand
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Summary
In response to the increasing relevance of compliance markets for REDD+, FCMC commissioned this study that analyzes the current trends in these market-based REDD+ mechanisms and their impact on international finance architecture and REDD+ project implementation.
This report assessed the policies and early REDD+ actions that represent the current status of market and results-based finance mechanisms for REDD+ around the world. This included potential demand from multilateral, bilateral, national and sub-national approaches, along with potential supply of 'compliance-grade' credits based on empirical research and analysis of known REDD+ projects and progammes.