What is REDD+?
REDD+ is a set of policy proposals on climate change mitigation currently being negotiated in the UNFCCC. It stands for: Reducing Emissions from Deforestation and Forest Degradation. The Plus refers to:
• Conservation of forests
• Enhancement of carbon stocks
• Sustainable management of forests
REDD is about providing positive incentives for countries to stop their deforestation and forest degradation, thereby contributing to mitigation. To compensate for opportunity loss and other costs as a result of this proposal, Annex I countries shall undertake financial transfers to developing countries.