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Meridian Institute

REDD+ Financing in the European Union

External Project Site: merid.org/eureddfinancing
Related: Climate Change and Energy, Environment and Natural Resources

​As the global community seeks to adopt a new global climate agreement at the United Nations Framework Convention on Climate Change Conference of Parties in Paris in December 2015 the challenge of reducing tropical forest emissions remains as important as ever.

A diverse range of options exists for the European Union and its member states to generate funds to pay for verified emission reductions for countries' efforts to reduce emissions from deforestation and forest degradation, and to foster conservation, sustainable management of forests, and enhancement of forest carbon stocks (also known as REDD+).

Meridian Institute is providing facilitation and strategy assistance to expert authors preparing two papers that explore these options, which can broadly be divided into those that create demand for REDD+ credits and those that mobilize finance that governments can use for REDD+ payments. Demand as well as finance can come from the private or public sector. They can be mobilized by taking legislative or political action at the level of the EU or at the level of one or several member states.