News> FINANCING REDD+ UNDER THE PARIS AGREEMENT: AN IETA BRIEFING PAPER

Nov 14, 2024

FINANCING REDD+ UNDER THE PARIS AGREEMENT: AN IETA BRIEFING PAPER

This paper emphasises the crucial role of market-based mechanisms, particularly through the effective utilisation of Article 6, in directing finance and attracting private sector investment to meet these objectives. 

FINANCING REDD+ UNDER THE PARIS AGREEMENT: AN IETA BRIEFING PAPER

It is vital to highlight the significance of both market-based and non-market-based REDD+ approaches within the Paris Agreement. By integrating market-based REDD+ into the development and operationalisation of Article 6, we can provide clarity and guidance for countries, corporations, and policymakers, facilitating the expansion of REDD+ activities and aligning global efforts with the goals of the Paris Agreement and the Glasgow Leaders’ Declaration on Forests and Land Use.

Read the full paper.