Tropical deforestation is estimated to be responsible for roughly 17 % of annual global greenhouse gas emissions. Deforestation and related issues in developing countries ("REDD-plus") are being included in the international climate change regime, but many issues need to be resolved in the negotiations.
"REDD-plus" is short for wording that has been agreed in the negotiations under the UN Framework Convention on Climate Change (UNFCCC): "reducing emissions from deforestation and forest degradation in developing countries; and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries".
REDD-plus actions can help protect forests and could become an important source of funding for developing countries, but there are also risks. For example, reductions in deforestation or forest degradation can be difficult to measure. Badly designed projects could have negative impacts and local people could lose out to money-making schemes.
REDD-plus is a priority for many countries in the climate change negotiations. Financing of REDD-plus actions is one of the current priority topics on the international negotiating agenda.