Physical Sciences and Mathematics Commons^™

Economics Of Redd+ And Community Forestry, Randall Bluffstone

Economics Faculty Publications and Presentations

Reducing Emission from Deforestation and Forest Degradation (REDD+) is a payment for ecosystem services (PES) system created under the Framework Convention on Climate Change (FCCC) that tries to reduce deforestation and degradation in countries not subject to requirements under the convention (non-Annex 1 countries) and, therefore, release less and sequester more carbon. Other cobenefits have been added, such as biodiversity protection, poverty reduction and afforestation, which make up the '+' in REDD+. The '+', therefore, attempts to address potentially negative, unintended effects on non-carbon ecosystem services and take account of effects on those who currently have claims to forests. Many …