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Home Environment

REDD+

March 31, 2020
in Environment
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Why in news?

  • A new study by Delhi-based non-profit Centre for Science and Environment (CSE) has revealed that REDD+ programme has failed to achieve its objectives.

About REDD+:

  • “Reducing emissions from deforestation and forest degradation” (REDD+) is a mechanism developed by Parties to the United Nations Framework Convention on Climate Change (UNFCCC).
  • It aims to achieve climate change mitigation by incentivizing forest conservation.
  • These countries would receive results-based payments for results-based actions.
  • REDD+ also includes conservation, sustainable management of forests and enhancement of forest carbon stocks.
  • The Green Climate Fund (GCF) established at COP-17 to function as the financial mechanism for the UNFCCC, is currently financing REDD+ programs.
  • India and REDD+:
  • The Paris agreement on climate change called upon country Parties to take action to implement and support REDD+.
  • India has communicated in its Nationally Determined Contribution (NDC) under Paris Agreement, that it will capture 2.5 to 3 billion tonnes of Carbon dioxide through additional forest and tree cover by 2030.
  • In this regard, complying with the UNFCCC decisions on REDD+, India has prepared its “National REDD+ Strategy”.
  • Along with NDC, the strategy builds upon existing national circumstances which have been updated in line with India’s National Action Plan on Climate Change and Green India Mission.It creates a financial value for the carbon stored in forests by offering incentives for developing countries to reduce emissions from forested lands and invest in low-carbon paths to sustainable development.
  • The strategy seeks to address drivers of deforestation and forest degradation and also develop a roadmap for enhancement of forest carbon stocks and achieving sustainable management of forests through REDD+ actions.

 

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Tags: Prelims

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