REDD – reduced emissions from deforestation and forest degradation – is a heavily contested mechanism in the climate change debate. The basic concept is simple: governments, companies or forest owners in the South should be rewarded for keeping their forests intact instead of cutting them down. It, thus, is a mechanism to create an incentive for developing countries to protect, better manage and wisely use their forest resources, contributing to the global fight against climate change. REDD strategies aim to make forests more valuable standing than they would be cut down, by creating a financial value for the carbon stored in trees.
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