The introduction of incentives to reduce deforestation and degredation (REDD) has been hearalded as an inexpensive means of reducing green house gas (GHG) emissions. IF REDD credits were integrated into post-2012 emissions reductions compliance trading, developing nations could increase their committents by 23 % without increasing compliance costs according to modelling presented in side events at the UNFCCC conference in Poznan Poland (December 2008).

The introduction of incentives to reduce deforestation and degredation (REDD) has been hearalded as an inexpensive means of reducing green house gas (GHG) emissions. IF REDD credits were integrated into post-2012 emissions reductions compliance trading, developing nations could increase their committents by 23 % without increasing compliance costs according to modelling presented in December 2008 at the UNFCCC conference in Poznan Poland.
Such an increase in reductions is possible as the introduction of REDD into the market causes the overall carbon price to drop. Committments from develloping nations would have to increase by 62% in order to absord all the REDD credits without realising a corresponding price decline.

The full reports and presentations are available here:

IDDRI Side Event Presentation - 8 Dec 2008

New Zealand MAF Side Event Presentation - 5 Dec 2008

Two page summary | Full Report