The Reducing Emissions from Deforestation and Forest Degradation (REDD) is a proposed UN scheme designed to provide developing countries with financial incentives to reduce the level of greenhouse gas emissions produced through deforestation and forest degradation.
Around 17 per cent of annual greenhouse gas emissions are thought to result from deforestation and forest degradation, and it is hoped that allowing countries to generate revenue by selling carbon credits linked to forestry protection schemes will serve to significantly reduce deforestation in tropical countries.
The mechanism was not included in the land use and land use change and forestry sections of the Kyoto Protocol's Clean Development Mechanism, and was the subject of intense debate at the Copenhagen Summit in December 2010.
Detailed commitments to act on the REDD proposals were not included in the Copenhagen Accord that resulted from the summit, however the scheme is widely regarded as critical to efforts to tackle climate change and is expected to feature in any treaty that replaces the Kyoto Protocol.
Study says the date by which we consume a year's worth of resources is arriving faster
Claire Perry to confirm next clean energy contract auction for offshore wind and remote island projects to take place by next May, with further auctions following every two years
Fresh funding for 13 flood schemes across England will help protect thousands more homes against floods, government claims
Why are targets suddenly becoming 'ambitions' and 'missions? asks EEF's Roz Bulleid