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Status of forest carbon rights and implications for communities, the carbon trade, and REDD+ investments

The Warsaw Framework on REDD+ adopted by Parties to the UNFCCC in November 2013 paves the way for payments to flow to developing countries for carbon emissions reductions from forests. The new framework encourages countries to set up a national entity or designated focal point for REDD+, which will be eligible to receive financing to implement REDD+ activities and strategies. The climate community has generally welcomed this decision as a landmark achievement, although there has been some criticism regarding the lack of a mechanism to implement social and environmental safeguards to protect the rights of local peoples.