Analysis: REDD+ hasn't worked ... yet
The world’s tropical forests are in serious trouble, with deforestation worsening and the sixth mass extinction accelerating faster than scientists previously thought. This grim news comes more than a decade after the international community agreed on a strategy for curbing the destruction of tropical forests as part of global effort to tackle the climate crisis.
Known as REDD+ (reducing emissions from deforestation and forest degradation), the strategy sounds simple: Rich, industrialized countries would pay developing countries for preserving forests and preventing the emissions of carbon dioxide that come with destroying trees. But making REDD+ work has turned out to be anything but simple, in large part because its architects have yet to design the global carbon market that was meant to pay for it.