Is REDD+ an opportunity to support climate compatible development in developing countries?
Summary
This policy brief examines whether REDD+ (Reducing Emissions from Deforestation and Forest Degradation) can support climate compatible development in developing countries. It discusses the mechanism's potential to reduce greenhouse gas emissions and provide economic opportunities, while warning of risks to forest-dependent communities and the need for robust institutional frameworks to manage financial flows and monitor performance.
Key insights
- Deforestation and degradation are estimated to account for up to 17% of global greenhouse gas emissions.
- Early international financial pledges for REDD+ reached over $4.5 billion by 2012, but these amounts must be scaled up significantly to achieve a meaningful impact on emissions. For example, reducing global deforestation rates by 25% is estimated to cost between $22 and $36 billion between 2010 and 2015.
- To successfully implement REDD+, countries require specific institutional capacities, including monitoring, reporting, and verification (MRV) systems to evaluate emissions reductions, which may take up to a decade to develop.
- Forest protection via REDD+ can enhance climate resilience and adaptation. In Vietnam, protecting and planting nearly 12,000 hectares of mangroves cost over $1 million but resulted in annual dyke maintenance savings of over $7 million.
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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