For Vietnam, Laos and Cambodia there are significant opportunities in REDD (Reducing Emissions from Deforestation and Forest Degradation in developing countries).
However, it is already clear that the extent to which a country will be able to attract international investment and REDD payments will depend on its ability to put in place a system that rewards forest managers who are changing behavior to reduce deforestation and forest degradation. It is necessary to establish a benefit distribution system (BDS) that is transparent and efficient, and rewards those actually providing the emission reductions and biodiversity conservation services.
This project was supported by the Swedish Environmental Secretariat for Asia (SENSA) to build on work by IUCN under UN-REDD in Vietnam, to share experiences and approaches from Vietnam with Laos and Cambodia, and to initiate similar work in these two countries. The project produced:
- Additional information to fill some of the gaps emerging from the BDS study in Vietnam;
- A rapid BDS study that provides a roadmap for the legal and administrative reforms that Laos wil need to implement to fully benefit from REDD;
- A preliminary study on REDD BDS possibilities and issues in Cambodia; and
- Briefing of government and non-government stakeholders on the results of the studies, and specific reforms that will be required in order for these countries to position themselves to benefit from REDD.