REDD+

REDD+ Project

REDD+ : Reducing Emissions from Deforestation and forest Degradation, and the role of conservation, sustainable management of forests and enhancement of forest carbon stocks in developing countries

Background of REDD+

• In 2005, Costa Rica and Papua New Guinea initiated discussion of developing countries’ Reducing Emissions from Deforestation (RED).
• In 2007, RED expanded the concept including forest prevention, sustainable forest management, enhancing forest carbon stock (REDD+).
• In 2010, major bases to implement REDD+ was specified though adopting Cancun agreement.
• In 2013, REDD+ framework including methodology was finalized in Warsaw (COP19).
• In 2015, REDD+ implementation and support was stated as separate article as Paris agreement article 5.

REDD+ Pilot Project

Starting form Indonesia in 2012, the Korea Forest Service is running pilot project in three countries in Asian-Mekong region (Cambodia, Myanmar, Lao PDR). Signing Letter of Agreement in 2023 and MOU in 2024 with Lao PDR, Korea Forest Service started Subnational REDD+ project to reach the Nationally Determined Contribution(NDC) goal.

Meaning of Korea-Cambodia REDD+ Pilot Project

• Equal to absorbing CO₂ emission of 34 thousand car per year
  ※ Car energy efficiency level 3 criteria (combined fuel efficiency 13.1km/l, annual mileage 15,000km)
• 650,000 tCO₂Carbon credit is converted to 323,000 US Dollar in average
  ※ Applied in the standard of result base payment which was applied in Green Climate Fund (GCF) ($5 per ton)
• Improving quality of life of locals and contributing to biodiversity conservation
  ※ Protecting 64 species of bird, 25 species of mammal, 2 species of amphibian ( 2 species of bird, 9 species of mammal are endangered species)
• Pilot project of the Korea Forest Service is based on Voluntary Carbon Standard (VCS) and implemented in the process of ① Project development and validation, ② Field site activity, ③ Monitoring and verification, ④ Credit issue ⑤ Benefit sharing (Selling and creating trust fund, reinvestment to the Projet).

• 
  Community Forest Committee

  Community Forest Committee

• 
  Education of Alternative Income(Bamboo Craft)

  Education of Alternative Income(Bamboo Craft)

• 
  Forest Carbon Investment

  Forest Carbon Investment

• 
  Local Community Understanding Improvement

  Local Community Understanding Improvement

• 
  Making Daily Product (eg. Soap)

  Making Daily Product (eg. Soap)

• 
  Project Boundary Indication

  Project Boundary Indication

• 
  Supply Gardening Tree

  Supply Gardening Tree

• 
  Supplying Cookstove

  Supplying Cookstove

• 
  Tree Planting Campaign

  Tree Planting Campaign

Expected Outcome

• (Contribution to NDC) Under the Pairs Agreement, REDD+ project outcome can be used to reach the Nationally Determined Contribution (NDC) goal.
• (Incentive) Developing countries which are implementing REDD+ can receive Result Based Payments (RBPs) through international organizations (such as GCF, FCPF). (Carbon Credit) Emission reduction of REDD+ project can be issued as carbon credit according to Voluntary carbon market system and used as individual and corporate net zero. (Non-carbon benefit) conservation of biodiversity, improvement of ecosystem service and environment, and finding locals’ alternative income to alleviating poverty and improving livelihoods.

REDD+ Policy

Expanding REDD+

• Based on REDD+ pilot project, the Korea Forest Service is expanding the project to subnational scale (province or administrative district).
• Finding new project to implement subnational scale REDD+ project including Mekong region in ASEAN countries.

Diversification of participating REDD+ through Multilateral cooperation.

• Acting as hub of Asia, expanding to Latin America and African region.

CAFI (Central African Forest Initiative) (Reference: cafi.org)

• Cafi is the biggest initiative that is operating in African region to support 6 countries which have the most tropical forest in Congo basin area to implement REDD+.

※ REDD+ Implementing Countries of CAFI

• Central Africa Republic, Democratic Republic of Congo, Cameroon, Republic of Congo, Equatorial Guinea, Gabon

※ Donor Countries of CAFI

• EU, Norway, Germany, France, UK, Netherlands, Republic of Korea, Belgium, Sweden, USA

UN-REDD Programme (Reference: un-redd.org)

• In 2008, FAO, UNEP, UNDP cooperated to gather experts of REDD+ in each organization and established UN-REDD Programme to reduce deforestation of 65 cooperating countries and support technical assistant for national REDD+ projects for developing countries.
• The Korea Forest Service made an agreement in 2022 to build capacity building platform to improve understanding of REDD+ stakeholders for world forest protection and to combat climate crisis.

The LEAF Coalition (Reference: leafcoalition.org)

• Until 2030, for the purpose of preventing tropical and subtropical deforestation and degradation, governments and corporations jointly gather funding for REDD+ project ($1 billion)