Publication

This paper looks at the financing of reducing emissions from deforestation and degradation (REDD+) initiatives. The analysis shows that there are significant public and private financing pledges for REDD+ initiatives, with more than US $8.7 billion pledged between 2006 and March 2014, but that the pace of pledges slowed after 2010. The authors also find that nearly 90% of reported REDD+ financing comes from the public sector. Furthermore, they provide a review of performance-based financing for REDD+ as well as the drivers of demand and investment in this area.