Summary
This study aims to provide an overview of current trends within REDD+ and other nature markets. It examines a variety of carbon crediting systems, ranging from voluntary certification initiatives to jurisdictional approaches. The study also delves into schemes that adopt a quasi-market strategy, involving the conceptual idea of 'paying for performance' to mitigate forest carbon emissions. The report critically assesses the asserted advantages of prominent systems and standards, differentiating between them and evaluating their potential to achieve sustainable and fair reductions in carbon emissions over the long term.