Implementing REDD+ Through Village-Level Forest Management Institutions
REDD+ (Reduced Emissions from Deforestation and Forest Degradation) is a form of payment for ecosystem services (a voluntary transaction in which a buyer makes a payment to a seller conditional on the ecosystem providing some service, such as carbon storage) aimed at decreasing carbon emissions from conversion of forest to farm land and unsustainable harvesting of forest resources in lower-income countries.