
An Integrated REDD Offset Program (IREDD) for Nesting Projects under Jurisdictional Accounting
This paper, developed for the Governors’ Climate and Forests Task Force (“GCF”) introduces an Integrated REDD (IREDD) system, which is a nested REDD system where (1) credits can only be generated from formally registered project areas, (2) incentives are built-in to maximize the formally registered project area within a given jurisdiction, and (3) funding mechanisms are in place to support government programs and policies that promote reductions in deforestation but have no direct and causal relation with empirically observed emission reductions.