FAQ

The main goals of REDD+ are to reduce emissions from deforestation and forest degradation, promote sustainable forest management, and enhance forest carbon stocks.

REDD+ programs are open to national governments, local communities, and indigenous peoples. Partnerships with non-governmental organizations and the private sector are also encouraged.

REDD+ activities can be funded through various sources, including international climate finance, bilateral and multilateral funding, and private sector investments.

REDD+ implementation typically occurs in three phases: readiness, implementation, and results-based actions. Each phase builds on the previous one to ensure comprehensive planning and execution.

The Cancun Safeguards are a set of principles established at the 16th Conference of the Parties (COP16) in Cancun. They are designed to ensure that REDD+ activities are carried out in a manner that protects the environment and local communities.

Safeguards are monitored and reported through the Safeguards Information System (SIS). The SIS collects and disseminates information on how safeguards are being addressed and respected during the implementation of REDD+ activities.

Local communities play a vital role in safeguarding REDD+ activities by participating in the planning, implementation, and monitoring processes. Their traditional knowledge and involvement are crucial for the success and sustainability of REDD+ initiatives.

Potential risks can be mitigated through comprehensive planning, stakeholder engagement, and the implementation of safeguard measures. Regular monitoring and adaptive management practices are also essential to address any emerging issues.

A carbon market is a system in which countries, companies, or other entities can buy and sell units of carbon dioxide emissions. The goal is to incentivize the reduction of greenhouse gases by putting a price on carbon emissions.

Carbon markets work by setting a cap on the total amount of greenhouse gases that can be emitted. Entities are issued or can purchase emission permits or credits, and those who reduce their emissions can sell their excess permits to others who need them.

There are two main types of carbon markets: compliance markets and voluntary markets. Compliance markets are regulated by government policies, whereas voluntary markets allow companies and individuals to buy and sell carbon credits on a voluntary basis.

Carbon credits represent a permit to emit one ton of carbon dioxide or the equivalent amount of another greenhouse gas. Carbon offsets, on the other hand, are reductions in greenhouse gas emissions that are used to compensate for emissions occurring elsewhere.

REDD+ can contribute to carbon markets by providing carbon credits for activities that reduce deforestation and forest degradation. These credits can be traded in carbon markets to offset emissions from other sectors.

Participation in carbon markets is open to a wide range of entities, including governments, corporations, non-governmental organizations, and individuals. Each market may have specific eligibility requirements.

Participating in carbon markets can provide financial incentives for reducing greenhouse gas emissions, promote sustainable development, enhance corporate social responsibility, and contribute to global climate goals.

Risks can include market volatility, regulatory changes, the potential for fraud, and the challenge of ensuring that carbon credits represent real, additional, and permanent emission reductions.

Carbon credits are typically verified by independent third-party organizations that assess whether the emission reductions are real, measurable, permanent, and additional to what would have occurred without the project.

Governments play a crucial role in regulating and overseeing carbon markets, setting emission reduction targets, and ensuring compliance with international agreements. They can also provide support and incentives for carbon market participation.