top of page

ACCESS4ALL Group

Public·2286 members

Leveraging Forests and Carbon Sinks for Equitable Climate Finance

Highlighting capital from forests, wetlands, and carbon sinks, such as through REDD+ programs, effectively addresses key policy criteria for climate finance as a policymaker. This strategy promotes equity by directing funds to vulnerable developing nations preserving global carbon stores, enhances efficiency via targeted emissions reductions, and ensures sustainability by incentivizing long-term ecosystem protection.Equity Impacts the approach prioritizes distributional fairness by allocating climate finance based on countries' carbon sequestration capacity and vulnerability, often favoring poorer nations with vast forests like the DRC. It fosters inclusion through stakeholder participation in benefit-sharing, reducing inequities in access to funds and supporting local livelihoods alongside conservation. Moderate equity rules (e.g., max-min allocation) minimize trade-offs with environmental goals while broadening recipient participation.Efficiency Gains redd+ optimizes resource use by focusing payments on high-impact areas for carbon abatement, achieving up to 50% emissions reductions at lower costs when paired with biodiversity priorities. Low transaction and implementation costs arise from performance-based funding, outperforming alternatives like uniform grants. Synergies between carbon sequestration and co-benefits like biodiversity amplify outcomes without proportional cost increases.Sustainability Outcomes ecosystems like peat lands and rainforests provide enduring carbon sinks, with REDD+ ensuring their protection generates ongoing credits and resilience against climate shocks. Long-term viability stems from equitable designs that build local buy-in, preventing deforestation rebound and aligning with SDGs. This balances development needs, such as DRC's resource leverage, with global climate stability.

6 Views
James P Grant Brac University Logo
Hiedelberg University Logo
Heidelberg Institute of Global Health Logo
EN Co-funded by the EU_POS.jpg

Co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Education and Culture Executive Agency (EACEA). Neither the European Union nor EACEA can be held responsible for them.

  • Facebook
  • Twitter
  • Instagram
  • LinkedIn
  • Youtube
bottom of page