REDD+, elaborately known as “Reducing emissions from deforestation and forest degradation and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks” in developing countries, is a programme under the United Nations Framework Convention on Climate Change. Though the talks began in 2005, the key aspects of this programme were finished by 2013. It is an important part of global steps to control climate change, and seeks to encourage developing countries to contribute to climate change mitigation efforts by “reducing greenhouse gas emissions (GHG) by showing, halting and reversing forest loss and degradation; and increasing removal of GHSs from the earth’s atmosphere through the conservation management and expansion of forests”.
It creates a financial value for the carbon stored in forests by offering incentives for developing countries to reduce emissions from forested lands and invest in low-carbon paths to sustainable development. Developing countries would receive results-based payments for results-based actions. REDD+ goes beyond simply deforestation and forest degradation and includes the role of conservation, sustainable management of forests and enhancement of forest carbon stocks.
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