Pathways to value: Achieving a breakthrough for international climate finance for tropical forest conservation

The report considers current barriers to scaling international finance for tropical forest conservation and proposes several strategies to achieve a breakthrough in REDD+.

Within these "pathways to value", the report concludes that support for forest countries in the form of results-based finance from international governments remains an essential tool. And that public results-based payments combined with private sector demand for high integrity carbon credits (based on jurisdictional baselines) has the highest potential for mobilizing finance at scale. The authors propose a set of strategies to increase credit prices; improve access to upfront finance; utilize donor government support to set price floors and create demand signals; and use “Offers for Sale” from forest countries to support price discovery and leverage concessional finance from multilateral development banks.