Learn more about the Work Programme and the COP30 Action Agenda. Read here.
Parts of this site were translated using AI. Accuracy may vary.
Learn more about the Work Programme and the COP30 Action Agenda. Read here.
Parts of this site were translated using AI. Accuracy may vary.
Investments to halt and reverse deforestation and forest degradation
REDD+ (Reducing Emissions from Deforestation and Forest Degradation), under the UNFCCC, is the international carbon market mechanism designed to address the escalating challenge of deforestation and forest degradation as driver of climate change. At the national level, Jurisdictional REDD+ strengthens integrity, funding protection, enforcement, and Indigenous rights. The solution has significant potential: expected demand for jurisdictional credits could reach US$3–6 billion annually by 2030.
How this solution relates to the action agenda
Axis: Stewarding Forests, Oceans, and Biodiversity
Key Objective: Investments to halt and reverse deforestation and forest degradation
Deforestation is one of the largest sources of greenhouse gas emissions, responsible for 11% of global emissions and nearly half of land-sector emissions. REDD+ is currently the most developed international framework for turning political commitments on deforestation into verifiable results. By mitigating emissions at source, it can strengthen governance for forest conservation, and provide finance at the scale required to combat deforestation as a leading driver of climate change.
Sources:
IPCC AR6 (2022). Mitigation of Climate Change.
FCLP (2024). Unlocking Forest Finance on the Road to COP30.
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