Results-based payments in Indonesia: A strategy to move REDD+ forward?
After more than a decade of working toward qualifying for payments under the REDD+ (Reducing Emissions caused by Deforestation and Forest Degradation) scheme, Indonesia received its first results-based financial rewards last year. REDD+, a policy initiative recognized under the U.N. Paris Agreement in 2015, was created as a way to provide incentives to conserve tropical forests and curb planet-warming greenhouse gases that are emitted when they are cut down. Initially, it was conceived as a market-based means for industrialized countries to pay forest-rich countries for their emissions reduct...
Source: cifor.org