Creating Demand for REDD+
Conservation of the world’s remaining tropical forests is a crucial and urgent component of reducing the emissions from heat-trapping gases in order to hold the mean global temperature increase below 2 degrees Celsius, widely regarded as the tipping point beyond which climate change will become rapid and irreversible. It is in the self-interest of rich countries to offer incentives for such forest conservation and advances in remote monitoring using satellite data make it possible to verify compliance, making forest conservation a perfect candidate for pay-for-performance financing.
Organization: Center for Global Development (CGD) and Climate Advisers
Global unspecified, Indonesia
REDD+ finance, REDD+ consensus