Economics of reducing emissions from deforestation and forest degradation (REDD+)

International climate agreements have created a mechanism, Reducing Emissions from Deforestation and Forest Degradation (REDD+), to provide funding to countries who achieve reductions in carbon emissions through policies and projects that reduce deforestation and forest degradation or employ sustainable forest management practices. This entry defines and describes key aspects of REDD+, characterizes the drivers of forest use and the incentives necessary to change forest use behavior, provides background on how REDD+ has evolved through climate negotiations, describes the implementation of REDD+, and discusses the assessments of early REDD+ efforts.

Heidi J. Albers, Elizabeth J.Z. Robinson, Jennifer Rushlow, Economics of reducing emissions from deforestation and forest degradation (REDD+), Editor(s): Tommy Lundgren, Moriah Bostian, Shunsuke Managi, Encyclopedia of Energy, Natural Resource, and Environmental Economics (Second Edition), Elsevier, 2025, Pages 48-55, ISBN 9780323914079, https://doi.org/10.1016/B978-0-323-91013-2.00028-9.