Creating a mechanism for reducing emissions from deforestation and degradation (REDD+) in tropical developing countries has become, from 2005 onward, a central element in international climate protection discourse. The goal is to create financial incentives for forest protection by making avoided deforestation a tradable good that can be sold on the carbon market or to government funds. A discourse-analytical perspective on the process of commodification and market creation is developed in order to assess how avoided deforestation is being made tradable.