Environment & Ecology · Environment
Consider the following statements regarding the REDD+ framework: I. It was formally recognised under the UNFCCC process, including deliberations at climate conferences such as Bali. II. Countries implementing REDD+ can receive performance-based incentives for verified reductions in deforestation and forest degradation. III. It operates as a market mechanism involving mandatory carbon trading obligations. Which of the statements given above are correct?
- 1I and II only✓
- 2II and III only
- 3I and III only
- 4I, II and III
Correct answer
I and II only
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