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Saving Forests in Paris: Breakthrough for REDD+?

The historic UN “Paris Agreement” achieved by climate change negotiators highlighted the importance of conserving forests and laid the groundwork for future global carbon markets to finance emissions reductions from tropical forest countries.  But a full-fledged carbon market-based mechanism to protect forests and reduce rampant deforestation is still years down the road.  In the meantime, reducing emissions from deforestation will continue to depend on a medley of public and private financing appr