This policy paper aims at identifying and assessing the prerequisites developing countries should fulfill in order to access a future market-based REDD+ mechanism. Using four different evaluation criteria the areas of "technical readiness", institutional and legal readiness" and "policy readiness" are analyzed. The authors conclude that given the large differences between countries in their progress towards REDD+ market readiness, a general integration of REDD+ credits into carbon markets is currently clearly out of reach and should be considered at a later point of time.
Kreibich, N., Arens, C., Sterk, W.: Ready for the Market? Assessing prerequisites for market-based REDD+ activities. JIKO Policy Paper 03/2012. Wuppertal Institute for Climate, Environment and Energy. Wuppertal - 37 pages, 2 figures, 1 table.
Date: June 2012
Type: Policy Paper