Financing REDD+: matching needs and ends

In the eighth year of international negotiations on REDD+, the structure and flows of REDD+ finance remain uncertain. There is no agreement on the magnitude and sources of funding; the role of the private sector and market-based mechanisms; or the modalities of disbursing international REDD+ funds. This paper summarizes the status quo of REDD+ finance, analyzes the potential sources of REDD+ finance and discusses their respective risks and strengths. Considering the evolving nature of REDD+ and relating insecurities of REDD+ finance, it argues in favor of complementary and pragmatic use of the various sources of finance to avoid further delay and frustration in REDD+ implementation.