Brian Schaap, Forest Trade and Finance

Brian Schaap, Forest Trade and Finance

Forest Trade and Finance is at COP21 to ensure the Paris agreement includes a strong role for forest conservation. Brian introduces the history of REDD+ and explains its purpose is to be a financing mechanism for forest conservation. He tells Climate Home that in the last ten years there has been a lot of progress made in operationalizing REDD, streamlining implementation and ensuring the right safeguards are in place. Currently REDD is included under mitigation in the negotiating text and Brian explains a strong language around REDD gives a political signal that REDD is important in solving climate change and could generate financial flows towards REDD. Brian explains more money is needed to support REDD projects especially from the private sector.