REDD (reducing emissions from deforestation and forest
degradation) is based on a simple idea: pay developing countries
to reduce CO2 emissions from the forest sector. Nevertheless,
design and implementation of a REDD system raise many hard
questions: How are emissions reductions monitored, reported
and verified? How should REDD be financed? Should payments
be directed to countries, projects, or both? How should reference
levels be set? How are non-permanence and leakage accounted?
How to achieve REDD co-benefits and avoid doing harm?
Moving Ahead with REDD: Issues, Options and Implications does
not attempt to give definite answers. Instead, the report presents design options for a global REDD architecture and reviews their implications on the 3E criteria