Information for 17279IIED
Governments need to lead the way for REDD+ delivery
IIED Briefing, 4 pages
Countries are establishing strong policy and institutional arrangements to develop strategies to reduce emissions from deforestation and forest degradation (REDD+). But they face a number of challenges, including funding, tackling the major drivers and ensuring all the relevant actors are on board. Government regulation and leadership in financing REDD+ is vital. This will drive demand for reduced emissions and pave the way for long-term private sector investment. Climate change cannot be tackled through token actions under corporate social responsibility and the voluntary carbon market. Governments need to ensure the greening of supply chains, bringing in all relevant actors and implementing REDD+ in the context of broader development targets. They must capitalise on policies and resources to galvanise cross-sector coordination towards a sustainable development path that delivers multiple benefits.