Summary: The Economics of 2°C and REDD in Carbon Markets

Questions have been raised about the extent to which including offset credits from reduced emissions from deforestation and forest degradation in developing countries (REDD) in the carbon markets would reduce incentives to invest in clean and renewable technologies and affect our ability to stay below 2°C. Greenpeace commissioned the economic modeling experts at KEA 3 to examine the impacts of including REDD in the carbon markets.