Speaking in the second panel of the Brussels Briefing on 'The climate challenge for ACP agriculture', Leo Peskett (ODI) argues that Reduced Emissions from Deforestation and Degradation (REDD) offers a high potential to further both environment and development. REDD foresees that developing countries would be expected to reduce deforestation and degradation through policies and measures such as agricultural intensification or sustainable forest management in return for payments from industrialized countries. However, as REDD is a market machanism, it presents also risks, among which how to make sure that the financial flows can be be channeled and reach the small farmers.
Source: Euforic.tv - see www.brusselsbriefings.net