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

The 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. 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.

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