REDD+ funds modelled after conservation trust funds (CTFs) can provide stable long-term funding with high credibility for financing major REDD+ activities. CTFs can function as administrators of REDD+ funds, as managers of PES, or as carbon brokers. Existing CTFs have high-level political support even though they are independent of government; using them to distribute international REDD+ funding could therefore mitigate concerns about loss of sovereignty while also reassuring funders and buyers of REDD+ credits.
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Publication year
2009
Authors
Language
English
Keywords
climate, climate change, governance
