The impact of climate change on the world of today and the future is undeniable. Stipulated emission reduction targets for developed countries are still too modest under the Kyoto Protocol and the US, the world's largest polluter remains outside the agreement. The scientific community warns that a global coordinated response with participation of the major emitters and rapidly growing economies of China and India is the only way forward to avoid the worse predicted effects of global warming. This paper reviews the debates and attempts to trace the path to the future.

This report summarizes the key drivers of deforestation and forest degradation, and the key policy options available to reduce the resulting carbon emissions. It reviews current deforestation rates and the associated issues related to monitoring forest-based carbon emissions and establishing baselines. The findings of research into the direct and underlying causes of deforestation and degradation provide a basis for outlining REDD policy options, while highlighting the associated challenges.