- A. 1 and 2 only
- B. 3 only
- C. 2 and 3 only
- D. 1, 2 and 3
Answer: D
Explanation
Reducing Emissions from Deforestation and Forest Degradation (REDD) attempts to create financial value for the carbon stored in forests, offering incentives for developing countries to reduce emissions from forested lands and invest in low-carbon paths to sustainable development. REDD+ goes beyond deforestation and forest degradation, and includes the role of conservation, sustainable management of forests and enhancement of forest carbon stocks. It is predicted that financial flows for greenhouse gas emission reductions from REDD+ could reach up to US$30 billion a year. This significant north-south flow of funds could reward a meaningful reduction of carbon emissions and support new, pro-poor development, help conserve biodiversity and secure vital ecosystem services.