Browse submissionsInformation shared in the REDD+ web platform by
Integrated REDD+ markets: a financial model to support forest protection, agricultural production and decarbonization efforts
This paper describes the design of a future global carbon market regime that includes REDD+ in its mix, by adopting separate but complementary markets to ensure that forest protection, land use production, and decarbonisation of other economic sectors occur in parallel – an integrated protection, production and decarbonization market – “Integraded REDD+”.¬ The objective of Integrated REDD+ markets is to avoid the potential negative impacts that large volumes of land-use GHG mitigation credits could have by reducing carbon prices to an extent that there would be no financial incentive for promoting investment in industrial improvements, energy efficiency, or renewable energy. At the same time, the inclusion of REDD+ in markets would ensure access to financial incentives to support tropical countries in their efforts related to forest protection and meeting their NDC targets. This could be even more impacting if investments into forest protection were complemented with investment into tackling the drivers of deforestation (predominantly intensification of agriculture to reduce pressure on land) and/or reforestation of sensitive areas. Finally, by including REDD+ in international markets would reduce the average cost of GHG abatement and enable countries/entities/sectors to adopt more ambitious targets.
English PDF 3.96 MB