TITLE:
Restructuring the Reduced Emissions from Deforestation and Forest Degradation (REDD+) Mechanism for a Post Kyoto Agreement
AUTHORS:
Kamleshan Pillay, Lisa Frost Ramsay
KEYWORDS:
CDM, Climate Change, Forest, Post Kyoto, REDD+, UNFCCC
JOURNAL NAME:
American Journal of Climate Change,
Vol.4 No.1,
March
12,
2015
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)?