Practicalities of trading carbon and protecting forests make meeting high expectations for REDD hard, say Esteve Corbera and Manuel Estrada in an article on SciDev.net. A REDD deal will need to take account some of the challenges that developing country governments and project developers face for implementing successful REDD projects. These include pre-financing, certification of real emission reductions (also known as Monitoring, Reporting and Verification, MRV), understanding the real drivers of deforestation, and local capacity for implementing new forest management rules.
Read more: Not ready for REDD? – SciDev.Net.
Written by: ASB Blog Editor