Climate Climate change change

Abstract

Reducing Emissions from Deforestation and Land Degradation (REDD) became a hot topic at UNFCCC meetings since 2005. Most countries where deforestation occurs call for a mechanism that would render REDD project activities eligible to funding mechanisms, on behalf of the fight against global warming. But they also raise "outstanding methodological issues" that remain unsolved, such as the difficulties to establish reference scenarios about national emissions. This article proposes a mechanism that could solve some of these issues. The key features of this mechanism would be the direct payment of a significant share of the carbon rent to local stakeholders having historically constituted use right over the forests, and the aggregation of national reference scenarios into a single global deforestation baseline.