Deforestation and forest degradation account for nearly 20% of global greenhouse gas emissions, more than the entire transportation sector and second only to the energy sector. While considered a problem, preventing deforestation can serve as 20% of the solution to climate change.
Reducing emissions from deforestation and forest degradation and the enhancement of carbon stocks (REDD+) is an effort to create a financial value for the carbon stored in forests, thereby 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.
For REDD+ to be effective, a benefit-distribution system is needed to persuade stakeholders, in particular the forest-dependent poor, to participate. However, a range of critical questions remain about the nature of such a system.<