Perceptions on fairness and efficiency of the REDD value chain - Methods and results from pilot analyses in Indonesia and Peru |
Dec 2009
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Reducing Emissions from Deforestation and Degradation (REDD) will require a ‘value chain’ that links global beneficiaries to local actions towards high carbonstoring land use patterns. The value chain includes: effectively reducing emissions, a shift in development pathways and all ‘transaction costs’ to make a transparent, verifiable claim on emission reductions that can obtain ‘credits’ and market value. Fairness in this context means rewarding stewards of current forests, and efficiency means focussing on high-emission areas for reductions.
The Fair and Efficient REDD Value Chain Allocation (FERVA) method explores perceptions along the emerging REDD value chain. This brief reports on its applications in Indonesia and Peru.
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