After COP27: The Future of REDD+ in the Paris Agreement Implementation
Updated: 2 days ago
Countries must establish market scenarios and decision criteria to position the forests as part of the solution and benefit the well-being of the communities that coexist with the woods
During the United Nations Climate Change Conference (COP27) held in Egypt this November, forests were the subject of intense discussion within the market and non-market mechanisms. The conference, which seeks globally agreed upon climate change solutions, proposed a surreptitious transition, creating ways to finance forest management within the framework of the Paris Agreement.
Providing money for countries or other jurisdictions to demonstrate progress on cutting their emissions by reducing forest loss is an excellent tactic. The management of wild forests in the context of climate change is widely represented