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    HomeEnvironmentNavigating Jurisdictional REDD+: A Pricing Guide for Tropical Forest Nations

    Navigating Jurisdictional REDD+: A Pricing Guide for Tropical Forest Nations

    The challenge is clear: if tropical deforestation were a country, it would rank fourth, only behind China, the US, and India in emissions. However, the solution is even clearer: these same forests can provide 23% of the cost-effective climate mitigation needed before 2030, if the right economic incentives are in place.[1]

    Despite numerous pledges, forest loss shows little sign of abating. The cost of protecting all forests at high-risk of deforestation by 2030 requires $130 billion in annual funding while existing financing is only $2-3 billion.[2] Bridging this gap will require public, private, and philanthropic funding on a scale and at a speed we have never seen before.

    Part of the solution rests with the promise of financing from carbon credits for jurisdictional-scale forest conservation programs (JREDD+), which aims to reverse current economic incentives, so that forests are…

    Read the full article originally published at blogs.edf.org.

    Environmental Defense Fund
    Environmental Defense Fundhttps://www.edf.org
    Environmental Defense Fund (EDF) is a nonprofit environmental advocacy group that works on issues including global warming, ecosystem restoration, oceans, and human health, and advocates using sound science, economics and law to find environmental solutions that work.
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