Dentons hosted a side event with IETA in the Blue Zone on REDD+ as INDC strategy, which addressed the use of REDD+ policy and project types in Intended Nationally Determined Contributions. INDCs are a significant requirement for developing economies—but they also present a key opportunity.
By incorporating REDD+ strategies, INDCs can provide a system for capacity-building and revenue generation for conserving and managing valuable natural resources. For countries that hold significant mitigation opportunity through land use and forest conservation, the most valuable steps to mitigate the effects of greenhouse gas emissions are to implement REDD+ strategies.
REDD+ can provide a cost-effective climate action tool as well as generating important social and infrastructure development, including advancing the rule of law and international markets.
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