Deforestation will be tackled for the first time under a UN climate treaty with the Paris Agreement “encouraging” countries to implement the UN framework for reducing emissions from deforestation and forest degradation (REDD+).
This includes “adequate and predictable” financial resources for activities reducing emissions from REDD+, including results-based payments, mooted first in 2013. The agreement also calls on countries to coordinate support from public and private sources, as well as multilateral sources such as the Green Climate Fund.
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