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Meridian Institute

Workshop on Results-Based REDD+

Related: Environment and Natural Resources

‚ÄčOn September 9, 2013, Meridian Institute convened a workshop in London, England, that involved the representatives of seven donor governments. The workshop aimed to facilitate an exchange of views, approaches, and experiences regarding the implementation of REDD+ programs and the identification of common goals relating to results-based finance for REDD+.

 

Reducing Emissions from Deforestation and Forest Degradation (REDD) is an effort to create a financial value for the carbon stored in forests, offering incentives for developing countries to reduce emissions from forested lands and invest in low-carbon paths to sustainable development. REDD+ goes beyond deforestation and forest degradation, and includes the role of conservation, sustainable management of forests and enhancement of forest carbon stocks.

 

During the workshop, government representatives discussed experiences to date with REDD+ results-based payment arrangements to develop a mutual understanding of the nature of the opportunities and challenges that have emerged regarding the pursuit of such arrangements. Participants provided brief overviews of results-based schemes used by their countries in other sectors to assess the applicability of those lessons-learned for the REDD+ arena. The workshop concluded with a discussion about opportunities to advance results-based payments for REDD+ through complementary activities.