REDD+ measurement, reporting and verification – A cost trap? Implications for financing REDD+MRV costs by result-based payments

Michael Köhl, Prem Raj Neupane and Philip Mundhenk

Ecological Economics, 2020, vol. 168, issue C

Abstract: The REDD+ initiative applies a market-based approach to reducing greenhouse gas emissions from deforestation and forest degradation. The difference between the carbon stock of forests under historical deforestation and forest degradation rates and the actual C-stock achieved by forest conservation measures will be compensated financially. The difference in C-stocks is provided by a system of measurement, reporting and verification (MRV).

Keywords: REDD+; Measurement, reporting, verification; Result-based payments; Transaction cost; Carbon price; Emissions reduction (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:168:y:2020:i:c:s0921800919305762

DOI: 10.1016/j.ecolecon.2019.106513

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