Results-based payments for REDD+: Lessons on finance, performance, and non-carbon benefits

Key messages

• Results-based finance is a cornerstone in the approach to REDD+, as outlined in the Paris Climate Agreement.
• Results-based finance will need to consider not only carbon/emissions-related payments but also incentives for intermediate outputs (such as policy performance) in order to effectively reduce deforestation and forest degradation.
• A major gap in the current guidance for REDD+ finance is a lack of clear, context-relevant criteria and metrics to help justify and mobilize payments.
• Negotiation and agreement on performance outputs and outcomes and their indicators are critical to ensuring national/local ownership and compliance.
• Understanding the variation in costs and who is bearing the different costs of REDD+ will be critical in setting payment levels that can incentivize both carbon-effective and equity outcomes.

Download:

• English-Full (0.3 MB)

DOI:

Altmetric score:

Dimensions Citation Count:

This work is licensed under a Creative Commons Attribution 4.0 International License