Monday, February 16, 2009

Climate Change: Seeing REDD

You probably have heard of the REDD Initiative - Reduced Emissions from Deforestation and Degradation initiative. The Climate Change Conference in Bali, in December 2007, opened the possibility of developing an incentive mechanism for Reducing Emissions from Deforestation and Forest Degradation (REDD). One example of REDD is the World Bank's Forest Carbon Partnership Facility (FCPF). Some REDD mechanisms already feature in the voluntary carbon markets.

REDD mechanisms can deliver multiple benefits. In addition to mitigating climate change, REDD can support livelihoods, maintain vital ecosystem services, and preserve globally significant biodiversity. Discussions on the linkages between REDD and biodiversity conservation are increasing. A number of research projects and policies are being developed around the issue. However, Parties to the CBD noted that the benefits will not necessarily be automatically achieved.

REDD is being spearheaded within the UN system by UNDP, FAO and UNEP. See a presentation on how they are doing this. Also keep yourself updated on REDD and related issues at: http://www.redd-monitor.org/

Much of what GDRC does in its various programmes have direct or indirect implications for the REDD initiative. REDD will be an interesting serendipitous tag for GDRC to interlink local issues and dimensions to larger issues at the global level.