Skip to content

Fostering REDD+ Investment Through Effective Legal Frameworks: Lessons From the Development of Early Forest Carbon Projects

Sophie Chapman, Martijn Wilder


Forest carbon projects have been developed under the Clean Development Mechanism (CDM), the voluntary market and other domestic schemes. These projects provide insight into the practical challenges for REDD+ implementation with respect to defining rights to carbon, ensuring the permanence of REDD+ areas, and creating “investment-grade” carbon commodities which are capable of attracting private sector finance. Given that private sector finance will be necessary to scale-up REDD+ implementation, insight regarding the legal frameworks required to support private sector investment is valuable. This paper does not seek to advocate for either a market-based or projectlevel approach to REDD+ implementation, but draws on practical experience with early forest carbon projects to explore how legal frameworks for REDD+ can encourage private sector investment.


Lx-Number Search

(e.g. A | 000123 | 01)

Export Citation