Updates on REDD+ Negotiations in Bangkok
The negotiations on REDD+here in Bangkok focus on future financing mechanisms. A full-day workshop was held on Thursday, where it became very clear that few if any countries expect any significant funding to come from carbon markets until at least 2020. (See http://unfccc.int/meetings/bangkok_aug_2012/workshop/7028.php for the presentations by countries). So most developing countries emphasized funding for REDD+ should “predominantly” come from public sources. Especially the Least Developed Countries made a strong case for public finance, and Bolivia insisted once again that it rejects …
