Can REDD+ Save the Forest? The Role of Payments and Tenure
A recent policy response to halting global forest deforestation and degradation, and any resulting greenhouse gas emissions is REDD+, which also includes the role of conservation, sustainable management of forests and enhancement of forest carbon stocks. Although still in its infancy, the success of REDD+ will depend significantly on whether it can be economically viable and if any resulting payments are sufficient to cover the opportunity cost plus any transaction cost.