Restructuring the Reduced Emissions from Deforestation and Forest Degradation (REDD+) Mechanism for a Post Kyoto Agreement ()
ABSTRACT
With the possibility of a new climate agreement being formed in 2015 at
COP 21 in Paris, there is a vital need to restructure REDD+ for formal
inclusion into such an agreement. There are two vital questions that need to be
assessed if REDD+ is to be effective as a policy tool within the United Nations
Framework Convention on Climate Change (UNFCCC). First, can REDD+ be
financially self-sustaining if it remains as a fund based mechanism or will a
market based system be more effective? Second, will REDD+ remain primarily a
carbon offsetting mechanism or can it also deliver co-benefits (poverty
alleviation, biodiversity conservation, and promoting indigenous rights
protection)?
Share and Cite:
Pillay, K. and Ramsay, L. (2015) Restructuring the Reduced Emissions from Deforestation and Forest Degradation (REDD+) Mechanism for a Post Kyoto Agreement.
American Journal of Climate Change,
4, 69-76. doi:
10.4236/ajcc.2015.41007.