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Restructuring the Reduced Emissions from Deforestation and Forest Degradation (REDD+) Mechanism for a Post Kyoto Agreement

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DOI: 10.4236/ajcc.2015.41007    3,778 Downloads   4,362 Views   Citations

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)?

Conflicts of Interest

The authors declare no conflicts of interest.

Cite this paper

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.

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