Is REDD+ an opportunity to support climate compatible development in developing countries?
Summary
The document examines REDD+ as a tool for developing countries to reduce emissions from deforestation and degradation while fostering low-carbon development. It highlights that while over $4.5 billion had been pledged by 2012, significantly more funding is needed to meet estimated costs of $22 to $36 billion by 2015 to reduce global deforestation by 25%. The brief warns that REDD+ could increase the vulnerability of forest-dependent and indigenous peoples if land rights are not secured. It emphasizes that success requires long-term investment in monitoring, reporting, and verification (MRV) systems, which may take up to a decade to establish, and the integration of forest policies into broader national development strategies.
Key insights
- Deforestation and degradation are estimated to contribute up to 17% of global greenhouse gas emissions.
- International financial pledges for REDD+ reached over $4.5 billion by 2012, but this is insufficient compared to the estimated $22 to $36 billion required by 2015 to reduce global deforestation rates by 25%.
- Establishing the necessary monitoring, reporting, and verification (MRV) systems to evaluate emissions reductions may take some countries up to ten years.
- REDD+ can enhance climate resilience by protecting ecosystem services; for example, in Vietnam, investing just over $1 million in mangrove protection saved more than $7 million in annual dyke maintenance.
Cite the original document
- APA
- Peskett, L. (2010). Is REDD+ an opportunity to support climate compatible development in developing countries? Climate and Development Knowledge Network. https://www.cdkn.org/wp-content/uploads/2010/11/CDKN-REDD-DIGI-MASTER.pdf
- Chicago
- Peskett, Leo. Is REDD+ an opportunity to support climate compatible development in developing countries? Climate and Development Knowledge Network, 2010. https://www.cdkn.org/wp-content/uploads/2010/11/CDKN-REDD-DIGI-MASTER.pdf.
- Wikipedia
- {{cite report |last1=Peskett |first1=Leo |title=Is REDD+ an opportunity to support climate compatible development in developing countries? |publisher=Climate and Development Knowledge Network |date=November 2010 |url=https://www.cdkn.org/wp-content/uploads/2010/11/CDKN-REDD-DIGI-MASTER.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{peskett2010redd, author = {Peskett, Leo}, title = {{Is REDD+ an opportunity to support climate compatible development in developing countries?}}, institution = {Climate and Development Knowledge Network}, year = {2010}, month = nov, url = {https://www.cdkn.org/wp-content/uploads/2010/11/CDKN-REDD-DIGI-MASTER.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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