Internationalization of the Response: The Example of the REDD Credits
One can read in Chap. 11 of the WGIII AR5 IPCC report that REDD credits (REDD is for Reduced Emissions from Deforestation and Forest Degradation) “can represent a cost-effective option for mitigation with economic, social, and other environmental co-benefits, e.g., conservation of biodiversity and water resources” with the caveat that there is limited evidence for that and only medium agreement. In this chapter, using the ROA looking glass, we investigate some aspect of how to make REDD credits cost-effective and compare with what actually happens. Despite the apparent difference, there is more similarity between what the ROA approach would recommend and what takes place.
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