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REDD+ funds modelled after conservation trust funds (CTFs) can provide stable long-term funding with high credibility for financing major REDD+ activities. CTFs can function as administrators of REDD+ funds, as managers of PES, or as carbon brokers. Existing CTFs have high-level political support even though they are independent of government; using them to distribute international REDD+ funding could therefore mitigate concerns about loss of sovereignty while also reassuring funders and buyers of REDD+ credits.
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Source
Angelsen, A. with Brockhaus, M., Kanninen, M., Sills, E., Sunderlin, W. D. and Wertz-Kanounnikoff, S. (eds). 2009. Realising REDD+: National strategy and policy options. 75-83
Publisher
Center for International Forestry Research (CIFOR)
Publication year
2009
ISBN
978-6-02-869303-5
