REDD+
REDD+ (Reducing Emissions from Deforestation and Forest Degradation) projects protect standing tropical and subtropical forests from deforestation and degradation that would otherwise occur under a business-as-usual scenario. Credits represent the carbon emissions avoided by keeping the forest standing relative to a modelled baseline deforestation rate. REDD+ is one of the largest categories in the voluntary carbon market and also one of the most scrutinized, given methodological debates around baseline setting and leakage. Note that there is a difference between project-based and jurisdictional REDD+. Both of these methodology types are included here.
Overview of approved methodologies
| Standard | Methodology name | Version(s) |
|---|---|---|
ART TREES  | ART The REDD+ Environmental Excellence Standard (TREES) - non HFLD | v 2.0 |
Verra  | VCS Jurisdictional and Nested REDD+ (JNR) Framework | v 4.1 |
Verra | VM0048 Reducing Emissions from Deforestation and Forest Degradation | v 1.0 |